KANGER

0.055

-0.005 (-8.3%)

OTHERS Kanger International Berhad ("Kanger" or "Company") and its subsidiary companies ("Kanger Group" or "Group") - Offer of Share Options under the Share Issuance Scheme ("SIS")

KANGER INTERNATIONAL BERHAD

Type

Announcement

Subject

OTHERS

Description

Kanger International Berhad ("Kanger" or "Company") and its subsidiary companies ("Kanger Group" or "Group")
- Offer of Share Options under the Share Issuance Scheme ("SIS")

We refer to the SIS which was approved by the shareholders of Kanger at the Extraordinary General Meeting held on 24 December 2019.

Pursuant to Rule 9.19(51) of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements, Kanger wishes to announce that Kanger has on 11 December 2020 offered a total of 548,908,342 share options at the option price of RM0.159 to eligible employees of Kanger in accordance with the By-Laws of the SIS. The details of the offer of share options are as follows:-

(a)	Date of Offer	:	11 December 2020
(b)	Number of shares offered	:	548,908,342
(c)	Exercise price of shares offered	:	RM0.159
(d)	Closing price of Kanger’s Shares on the date of the Offer	:	RM0.165
(e)	Number of Shares offered to the Company’s Directors under the SIS	:
	(i) Datuk Nur Jazlan bin Mohamed		-
	(ii) Mr Leng Xingmin		-
	(iii) Mr Wu Wai Kong		100,000,000
	(iv) Mr Kuah Choon Ching		-
	(v) Datuk Seri Dr. Md Zabid bin Haji Abdul Rashid		-
	(vi) Mr Low Poh Seong		-
(f)	Vesting period of the Shares offered	:	Not Applicable

This announcement is dated 11 December 2020.

Announcement Info

Company Name	KANGER INTERNATIONAL BERHAD
Stock Name	KANGER
Date Announced	11 Dec 2020
Category	General Announcement for PLC
Reference Number	GA1-11122020-00092

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