Circular/Notice to Shareholders
| OCK GROUP BERHAD |
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 122,264,591 NEW ORDINARY SHARES IN OCK GROUP BERHAD ("OCK") ("OCK SHARE(S)") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 10 EXISTING OCK SHARES HELD, TOGETHER WITH UP TO 122,264,591 FREE DETACHABLE WARRANTS IN OCK ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER; AND (II) PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME ("ESOS") OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED OCK SHARES (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME OVER THE DURATION OF THE ESOS FOR ELIGIBLE PERSONS. |
Please refer attachment below.
Announcement Info
| Company Name | OCK GROUP BERHAD |
| Stock Name | OCK |
| Date Announced | 26 Oct 2020 |
| Category | Document Submission |
| Reference Number | DCS-25102020-00007 |