NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES BETAMEK BERHAD ("BETAMEK" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF A LONG TERM INCENTIVE PLAN ("PROPOSED LTIP")
| BETAMEK BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
| Description | BETAMEK BERHAD ("BETAMEK" OR THE "COMPANY")
PROPOSED ESTABLISHMENT OF A LONG TERM INCENTIVE PLAN ("PROPOSED LTIP") |
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On behalf of the Board of Directors of Betamek, CGS International Securities Malaysia Sdn. Bhd. wishes to announce that Betamek proposes to establish a long term incentive plan of up to 30% of the total number of issued shares of Betamek (excluding treasury shares, if any) at any point in time during the duration of the scheme for the eligible directors (executive and non-executive) and employees of Betamek and its non-dormant subsidiary companies ("Proposed LTIP"). The Proposed LTIP comprises a proposed employees’ share option scheme and a proposed share grant plan. Please refer to the attachment for further details on the Proposed LTIP.  This announcement is dated 28 May 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | BETAMEK BERHAD |
| Stock Name | BETA |
| Date Announced | 28 May 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-27052025-00075 |