KANGER

0.050

-0.005 (-9.1%)

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 8 April 2021 offered a total of 296,892,216 share options at the option price of RM0.05409 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

 

:

8 April 2021

(b)

Number of shares offered

 

:

296,892,216

(c)

Exercise price of shares offered

 

:

RM0.05409

(d)

Closing price of Kanger’s Shares on the date of the Offer

 

:

RM0.065

(e)

Number of Shares offered to the Company’s Directors under the SIS

 

:

 
 

(i) Datuk Nur Jazlan bin Mohamed

   

-

  (ii) Mr. Wu Wai Kong     -
  (iii) Mr. Kuah Choon Ching     -
  (iv) Mr. Low Poh Seong     -
  (v) Encik Mazlan bin Mohamad     -

(f)

Vesting period of the Shares offered

 

:

Not Applicable

 

This announcement is dated 8 April 2021.






Announcement Info

Company Name KANGER INTERNATIONAL BERHAD
Stock Name KANGER
Date Announced 08 Apr 2021
Category General Announcement for PLC
Reference Number GA1-08042021-00030