NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS META BRIGHT GROUP BERHAD (FORMERLY KNOWN AS EASTLAND EQUITY BHD.) ("MBGB" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARES SCHEME ("ESS" OR "SCHEME") OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES IN MBGB (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME DURING THE TENURE OF THE SCHEME, FOR THE ELIGIBLE DIRECTORS AND EMPLOYEES OF MBGB AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES) ("PROPOSED ESS")
| META BRIGHT GROUP BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) ESOS |
| Description | META BRIGHT GROUP BERHAD (FORMERLY KNOWN AS EASTLAND EQUITY BHD.) ("MBGB" OR THE "COMPANY")
PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARES SCHEME ("ESS" OR "SCHEME") OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES IN MBGB (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME DURING THE TENURE OF THE SCHEME, FOR THE ELIGIBLE DIRECTORS AND EMPLOYEES OF MBGB AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES) ("PROPOSED ESS") |
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Reference is made to the Company’s earlier announcements dated 3 April 2023, 4 April 2023 and 17 April 2023 in relation to the Proposed ESS, circular to shareholders dated 28 April 2023 in relation to the Proposed ESS (“Circular”) and the outcome of EGM dated 23 May 2023. Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Circular.
On behalf of the Board, Malacca Securities wishes to announce that the effective date for the implementation of the Proposed ESS is on 1 June 2023.
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Announcement Info
| Company Name | META BRIGHT GROUP BERHAD |
| Stock Name | MBRIGHT |
| Date Announced | 01 Jun 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-31052023-00076 |