EFFICEN

0.085

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS EFFICIENT E-SOLUTIONS BERHAD ("EFFICIENT" OR THE "COMPANY") PROPOSED ESOS

EFFICIENT E-SOLUTIONS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
Description
EFFICIENT E-SOLUTIONS BERHAD ("EFFICIENT" OR THE "COMPANY")

PROPOSED ESOS

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposed ESOS.

We refer to the earlier announcements dated 7 November 2024 and 20 November 2024 in relation to the Proposed ESOS.

On behalf of the Board, UOBKH wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 28 November 2024, approved the listing of and quotation for such number of new Shares representing up to 10% of the total number of issued Shares of Efficient to be issued pursuant to the Proposed ESOS.

The approval granted by Bursa Securities for the Proposed ESOS is subject to the following conditions:-

i.                  Efficient and UOBKH must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities ("Listing Requirements") pertaining to the implementation of the Proposed ESOS;

ii.                UOBKH is required to submit a confirmation to Bursa Securities of full compliance of the Proposed ESOS pursuant to Paragraph 6.43(1) of the Listing Requirements and stating the effective date of the implementation together with certified true copy of the resolution passed by shareholders in general meeting approving the Proposed ESOS and letter of compliance in relation the by-laws pursuant to Paragraph 2.12 of the Listing Requirements together with a copy of the final by-laws; and

iii.               Efficient is required to furnish Bursa Securities on a quarterly basis of summary of the total number of Shares listed pursuant to the exercise of options under the Proposed ESOS as at the end of each quarter together with a detailed computation of listing fees payable.

 

This announcement is dated 29 November 2024.






Announcement Info

Company Name EFFICIENT E-SOLUTIONS BERHAD
Stock Name EFFICEN
Date Announced 29 Nov 2024
Category General Announcement for PLC
Reference Number GA1-29112024-00020