The Board of Directors of UCREST wishes to announce that the Board has approved to extend the Company's ESOS which is expiring on 25 April 2023 for a further duration of five (5) years until 25 April 2028 in accordance with the terms of the ESOS By-Laws. The extension is not subject to any approval from the Company's shareholders, Bursa Malaysia Securities Berhad and/or any other relevant authorities. Appropriate notice on the extension will be served to the eligible ESOS grantees in due course.
This announcement is dated 29 March 2023.