NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS SOUTHERN STEEL BERHAD ("SSB" OR "COMPANY") (I) PROPOSED ESTABLISHMENT OF A NEW EXECUTIVE SHARE SCHEME COMPRISING A PROPOSED NEW EXECUTIVE SHARE OPTION SCHEME AND A PROPOSED NEW EXECUTIVE SHARE GRANT SCHEME (II) PROPOSED ALLOCATION OF OPTIONS AND/OR GRANTS TO THE GROUP MANAGING DIRECTOR OF SSB (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
| SOUTHERN STEEL BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) ESOS |
| Description | SOUTHERN STEEL BERHAD ("SSB" OR "COMPANY")
(I) PROPOSED ESTABLISHMENT OF A NEW EXECUTIVE SHARE SCHEME COMPRISING A PROPOSED NEW EXECUTIVE SHARE OPTION SCHEME AND A PROPOSED NEW EXECUTIVE SHARE GRANT SCHEME
(II) PROPOSED ALLOCATION OF OPTIONS AND/OR GRANTS TO THE GROUP MANAGING DIRECTOR OF SSB
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
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Reference is made to the Company’s announcement dated 29 July 2022 in relation to the Proposals (“Announcement”). Unless otherwise defined, the definitions used in this announcement shall have the same meanings as those defined in the Announcement. On behalf of the Board of SSB, HLIB wishes to announce that the listing application to Bursa Securities in respect of the listing of and quotation for such number of new Shares representing up to 10% of the total number of issued Shares (excluding treasury Shares) to be issued under the Proposed ESS on the Main Market of Bursa Securities has been submitted today. This announcement is dated 21 September 2022. |
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Announcement Info
| Company Name | SOUTHERN STEEL BERHAD |
| Stock Name | SSTEEL |
| Date Announced | 21 Sep 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-21092022-00019 |