Circular/Notice to Shareholders
| SAUDEE GROUP BERHAD |
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED PRIVATE PLACEMENT OF UP TO 347,000,000 NEW ORDINARY SHARES IN SAUDEE, REPRESENTING APPROXIMATELY 35% OF THE TOTAL NUMBER OF ISSUED SHARES OF SAUDEE TO INDEPENDENT THIRD-PARTY INVESTORS TO BE IDENTIFIED AT A LATER DATE; (II) PROPOSED ESTABLISHMENT OF A SHARE ISSUANCE SCHEME OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF SAUDEE (EXCLUDING TREASURY SHARES, IF ANY) TO THE ELIGIBLE DIRECTORS AND ELIGIBLE EMPLOYEES OF SAUDEE AND ITS SUBSIDIARIES; AND (III) PROPOSED ALLOCATION OF SIS OPTIONS PURSUANT TO THE SHARE ISSUANCE SCHEME ABOVE TO THE DIRECTORS OF THE COMPANY |
Please refer attachment below.
Announcement Info
| Company Name | SAUDEE GROUP BERHAD |
| Stock Name | SAUDEE |
| Date Announced | 11 Oct 2022 |
| Category | Document Submission |
| Reference Number | DCS-07102022-00018 |