PUC

0.050

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : COMBINATION OF NEW ISSUE OF SECURITIES PUC BERHAD ("PUC" OR THE "COMPANY") ESTABLISHMENT OF EMPLOYEES' SHARE SCHEME OF UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME COMPRISING THE FOLLOWING: (I) ESTABLISHMENT OF AN EMPLOYEES' SHARE GRANT SCHEME; AND (II) ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME (I) AND (II) COLLECTIVELY, THE "EMPLOYEE SHARE ISSUANCE SCHEME"

PUC BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
Description
PUC BERHAD ("PUC" OR THE "COMPANY")

ESTABLISHMENT OF EMPLOYEES' SHARE SCHEME OF UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME COMPRISING THE FOLLOWING:

(I)	ESTABLISHMENT OF AN EMPLOYEES' SHARE GRANT SCHEME; AND

(II)	ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME

(I) AND (II) COLLECTIVELY, THE "EMPLOYEE SHARE ISSUANCE SCHEME"

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Employee Share Issuance Scheme.

Reference is made to the approval obtained from the shareholders of PUC for the Employee Share Issuance Scheme at the extraordinary general meeting of the Company held on 30 July 2020 ("EGM").

On behalf of the board of directors of PUC, UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the effective date for the implementation of the Employee Share Issuance Scheme is 26 August 2020, being the date on which the Company is in full compliance with Rule 6.44(1) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad.

 

This announcement is dated 26 August 2020.






Announcement Info

Company Name PUC BERHAD
Stock Name PUC
Date Announced 26 Aug 2020
Category General Announcement for PLC
Reference Number GA1-26082020-00041