AIMFLEX

0.155

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OTHERS AIMFLEX BERHAD ("AIMFLEX" or "Company") - OFFER AND GRANT OF OPTIONS UNDER THE EMPLOYEES' SHARE OPTION SCHEME ("ESOS")

AIMFLEX BERHAD

Type Announcement
Subject OTHERS
Description
AIMFLEX BERHAD ("AIMFLEX" or "Company")

- OFFER AND GRANT OF OPTIONS UNDER THE EMPLOYEES' SHARE OPTION SCHEME ("ESOS")
Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that the Company has made an offer of options, referred to as "Tranche 3" to eligible employees and Directors of the Company and its subsidiaries in accordance with the By- Laws of the ESOS.

Details of the offer of share options are as follows:-

Tranche 3

 

Description of Options under the ESOS
 
 

1.

Date of offer of the options
:

1 September 2021

2.

Exercise price of options offered
:

RM0.1755

3.

Number of options or shares offered
:

17,988,000

4.

Market price of the Company's security on the date of the offer
:

 RM0.175

5.

Number of options or shares offered to each director
:
 
 

Group Managing Director:-
:
 
 

1. Tee Sook Sing
:

395,000

 

Executive Director:-
:
 
 

1. Lo Ling
:

220,000
 

2. Emma Yazmeen Yip Binti Mohd Jeffrey Yip
:

330,000


6.

Number of options or shares offered to each director  in the subsidiaries or related party
:
 
 

1. Hing Fook Sern
:

517,000

 

2. Ong Soo Lid
:

517,000



7.


Vesting period of the options or shares offered
:

2 years vesting period
The announcement is dated 1 September 2021.

 






Announcement Info

Company Name AIMFLEX BERHAD
Stock Name AIMFLEX
Date Announced 01 Sep 2021
Category General Announcement for PLC
Reference Number GA1-01092021-00107