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OTHERS TA WIN HOLDINGS BERHAD ("TA WIN" OR "THE COMPANY") - Offer and Grant of Options under the Company's Share Issuance Scheme

TA WIN HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
TA WIN HOLDINGS BERHAD ("TA WIN" OR "THE COMPANY") - Offer and Grant of Options under the Company's Share Issuance Scheme

Pursuant to paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Ta Win wishes to announce that it has offered 252,730,000 options over new shares ("Options") to Directors and employees of Ta Win group of companies under its Share Issuance Scheme ("SIS").

 

The details of the Options are as follow:-

(a)

Date of Offer

11 January 2023

(b)

Exercise price of Options offered

RM0.0452   

(5 market days volume weighted average market price of ordinary shares immediately preceding the Date of Offer with a discount of not more than ten percent (10%)).

(c)

Number of Ta Win Options offered

252,730,000

(d)

Market price of Ta Win shares on date of offer

RM0.050

(e)

Number of Ta Win Options offered to each Director

  1. Dato’ Yeo Boon Leong, JP – 51,000,000 options
  2. Dato’ Sri Ngu Tieng Ung, JP – 51,000,000 options
  3. Tan Poo Chuan – 51,000,000 options
  4. Datuk Zakaria Bin Sharif – 6,000,000 options
  5. Dato’ Paduka Dr. Hii King Hiong – 6,000,000 options
  6. Datin Seri Azreen Binti Abu Noh – 6,000,000 options
  7. Lim Boon Shen – 6,000,000 options

 

(f)

Number of Ta Win Options offered to each of Option Committee

  1. Dato’ Sri Ngu Tieng Ung, JP – 51,000,000 options
  2. Tan Poo Chuan – 51,000,000 options
  3. Tan Seng Pang – 2,200,000 options
     

(g)

Vesting period of the Options offered

The Options shall be exercisable from the date of acceptance of the Options until the expiry of the SIS.

 

 






Announcement Info

Company Name TA WIN HOLDINGS BERHAD
Stock Name TAWIN
Date Announced 11 Jan 2023
Category General Announcement for PLC
Reference Number GA1-07092022-00022



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