General Announcement for PLC

25/03/2022

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES FRONTKEN CORPORATION BERHAD ("FRONTKEN" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF A SHARE GRANT PLAN OF UP TO 5% OF THE TOTAL NUMBER OF ISSUED SHARES OF FRONTKEN (EXCLUDING TREASURY SHARES, IF ANY) FOR THE ELIGIBLE EXECUTIVE DIRECTORS AND EMPLOYEES OF FRONTKEN AND ITS SUBSIDIARIES (EXCLUDING SUBSIDIARIES WHICH ARE DORMANT, IF ANY) ("PROPOSED SHARE GRANT PLAN")

FRONTKEN CORPORATION BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description 
FRONTKEN CORPORATION BERHAD ("FRONTKEN" OR THE "COMPANY")
 
PROPOSED ESTABLISHMENT OF A SHARE GRANT PLAN OF UP TO 5% OF THE TOTAL NUMBER OF ISSUED SHARES OF FRONTKEN (EXCLUDING TREASURY SHARES, IF ANY) FOR THE ELIGIBLE EXECUTIVE DIRECTORS AND EMPLOYEES OF FRONTKEN AND ITS SUBSIDIARIES (EXCLUDING SUBSIDIARIES WHICH ARE DORMANT, IF ANY) ("PROPOSED SHARE GRANT PLAN")

On behalf of the Board of Directors of Frontken (“Board”), UOB Kay Hian Securities (M) Sdn Bhd (“UOBKH”) wishes to announce that the Company proposes to undertake the establishment of a share grant plan (“SGP”) of up to 5% of the total number of number of issued shares in Frontken (excluding treasury shares, if any) at any point in time during the duration of the SGP for the eligible executive directors and employees of the Company and its subsidiaries (“Frontken Group” or the “Group”) (excluding subsidiaries which are dormant, if any) (“Eligible Employee(s)”).

 

Further details of the Proposed Share Grant Plan are set out in the attachment below.

 

This announcement is dated 25 March 2022.


Please refer attachment below.


Announcement Info

Company Name FRONTKEN CORPORATION BERHAD
Stock Name FRONTKN
Date Announced 25 Mar 2022
Category General Announcement for PLC
Reference Number GA1-25032022-00058


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