GUH

0.385

+0.015 (+4.1%)

OTHERS GUH HOLDINGS BERHAD ("GUH" OR THE "COMPANY") AWARD OF SHARES UNDER GUH'S SHARE GRANT PLAN

GUH HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description 
GUH HOLDINGS BERHAD ("GUH" OR THE "COMPANY") 
AWARD OF SHARES UNDER GUH'S SHARE GRANT PLAN

Pursuant to Paragraph 9.19(51) of Bursa Malaysia Securities Berhad’s Main Market Listing Requirements, the Company wishes to announce the award of shares in the Company under the Restricted Stock Units (RSU) and Performance Stock Units of the Company’s Share Grant Plan (“SGP”) (“SGP Grant(s)”).

 

A total of 11,597,702 SGP Grants were offered to the selected eligible executive directors and employees of GUH and its subsidiary companies (excluding subsidiaries that are dormant) (“Eligible Persons”), of which 1,388,946 SGP Grants were offered to the executive director of GUH, set out as follows:-

 

No. Items Details
1 Date of offer 2 January 2024
2 Grant Price Not applicable as the shares will be awarded upon vesting to the Eligible Persons without any cash consideration
3 Number of SGP Grants offered under the Restricted Stock Units (“RSU”) and Performance Stock Units (“PSU”) respectively RSU: 2,604,274
PSU: 8,993,428
4 Closing market price of GUH’s shares on the date of offer RM0.395
5

Number of SGP Grants offered to the executive director:-

Datuk Seri Kenneth H’ng Bak Tee

 

 

1,388,946
6 Vesting Period of the SGP Grants From 1 January 2025 until the Market Day immediately preceding the Grant Termination Date (as defined in By-Law 3.1)(both dates inclusive)

 

This announcement is dated 2 January 2024.



Announcement Info

Company Name GUH HOLDINGS BERHAD
Stock Name GUH
Date Announced 02 Jan 2024
Category General Announcement for PLC
Reference Number GA1-22112023-00018


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