MQTECH

0.010

-0.005 (-33.3%)

OTHERS MQ TECHNOLOGY BERHAD ("MQ" or "the Company") -Offer of Options under the Share Issuance Scheme ("SIS")

MQ TECHNOLOGY BERHAD

Type

Announcement

Subject

OTHERS

Description

MQ TECHNOLOGY BERHAD ("MQ" or "the Company")
-Offer of Options under the Share Issuance Scheme ("SIS")

Pursuant to Rule 9.19(51) of ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of MQ TECHNOLOGY BERHAD ("MQ" or "the Company") wishes to announce that the Company has offered the following options to its eligible employees to subscribe for new ordinary shares in the Company (“Shares”) (“Options”) under the SIS in accordance with the SIS by-laws of the Company:-

(a)	Date of offer	22 June 2020
(b)	Exercise price of Options offered	RM 0.0323 per share
(c)	Number of Options offered	19,286,500
(d)	Market price of MQ shares on date of offer	Closing price of MQ share on date of offer is RM 0.065
(e)	Number of Option offered to each Director	N/A
(f)	Vesting period of the Options	15 June 2020

This announcement is dated 22 June 2020.

Announcement Info

Company Name	MQ TECHNOLOGY BERHAD
Stock Name	MQTECH
Date Announced	22 Jun 2020
Category	General Announcement for PLC
Reference Number	GA1-22062020-00086

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