DATAPRP

0.115

-0.005 (-4.2%)

Circular/Notice to Shareholders

DATAPREP HOLDINGS BHD

Subject (I) PROPOSED PRIVATE PLACEMENT OF UP TO 139,060,500 NEW ORDINARY SHARES IN DHB REPRESENTING UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF DHB TO THE FOLLOWING PARTIES: (A) WIDAD BUSINESS GROUP SDN BHD; AND (B) THIRD PARTY INVESTOR(S), WHO QUALIFY UNDER SCHEDULES 6 AND 7 OF THE CAPITAL MARKETS AND SERVICES ACT, 2007, TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED SHARE PLACEMENT") (II) PROPOSED ESTABLISHMENT OF A LONG TERM INCENTIVE PLAN OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES IN DHB (EXCLUDING TREASURY SHARES, IF ANY) FOR THE ELIGIBLE DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES OF DHB AND ITS SUBSIDIARIES (EXCLUDING SUBSIDIARIES WHICH ARE DORMANT) ("PROPOSED LTIP") (COLLECTIVELY REFERRED TO AS "PROPOSALS")


Please refer attachment below.



Announcement Info

Company Name DATAPREP HOLDINGS BHD
Stock Name DATAPRP
Date Announced 02 Jul 2020
Category Document Submission
Reference Number DCS-02072020-00008