Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of JADI wishes to announce that JADI has offered the options under the Employees' Share Option Scheme ('ESOS') to the Eligible Persons of JADI, the details of which are as set out below:-
Date of offer
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5 August 2019
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Exercise price of options offered
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RM 0.0522 per share
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Number of options offered
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51,829,000
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Market price of JADI’s shares on the date of offer
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RM 0.060 (closing price as at 5 August 2019)
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Number of options offered to each Director of JADI and its subsidiaries and Person connected to Directors of JADI
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Liew Hock Yee – 4,000,000
Liew Kit – 4,000,000
Liew Choon – 4,000,000
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Vesting period of the options offered
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For the period of five (5) years until the expiry of the ESOS on 5 August 2024
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This announcement is dated 6 August 2019.