General Announcement for PLC

04/08/2022

OTHERS SAND NISKO CAPITAL BERHAD ("SNC" OR "THE COMPANY") - OFFER OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME OF THE COMPANY

SAND NISKO CAPITAL BERHAD

Type Announcement
Subject OTHERS
Description
SAND NISKO CAPITAL BERHAD ("SNC" OR "THE COMPANY")
- OFFER OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME OF THE COMPANY

Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that the following offer of options has been made on 4 August 2022 to the eligible employees of the Company and its subsidiaries (“Eligible Employees”) to subscribe for the new ordinary shares in the Company ("Options") under the Company’s Employees' Share Option Scheme ("ESOS").

 

Details of the ESOS Options offered to the Eligible Employees are as set out below:-

 

1.

Date of offer

4 August 2022  

2.

Exercise price of Options offered            

RM0.37 per share

3.

Number of Options offered

9,018,825           

4.

Market price of the Company’s shares on the date of offer

RM0.42

5.

Number of Options offered to Directors of the Company (if any)

Nil

6.

Vesting period of the Options offered  

Not applicable 

 

This announcement is dated 4 August 2022. 






Announcement Info

Company Name SAND NISKO CAPITAL BERHAD
Stock Name SNC
Date Announced 04 Aug 2022
Category General Announcement for PLC
Reference Number GA1-04082022-00056


Related Announcements for SNC
Date Title
06/05/2022 OTHERS SAND NISKO CAPITAL BERHAD ("SNC" OR "COMPANY") VARIATION OF UTILISATION OF PROCEEDS ("VARIATION")
04/03/2022 Proposed disposal of the entire issued share capital of Len Cheong Resources Sdn. Bhd. ("LCR") for a total cash consideration of approximately RM1.29 million ("Proposed Disposal")
01/03/2022 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SAND NISKO CAPITAL BERHAD ("SNC" OR "COMPANY") PROPOSED DISPOSAL OF THE ENTIRE ISSUED SHARE CAPITAL OF LEN CHEONG RESOURCES SDN. BHD. ("LCR") FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY RM1.29 MILLION ("PROPOSED DISPOSAL")
01/03/2022 OTHERS SAND NISKO CAPITAL BERHAD ("SNC" OR "COMPANY") JOINT VENTURE AGREEMENT ("JVA") BETWEEN LEN CHEONG INDUSTRIES SDN. BHD. ("LCI"), A WHOLLY OWNED SUBSIDIARY OF SNC, WITH INTEGRATED BIOGRANIX VENTURES SDN. BHD. ("INTEGRATED") ("PARTIES")
28/01/2022 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SAND NISKO CAPITAL BERHAD ("SNC" OR "COMPANY") PROPOSED ACQUISITION BY LEN CHEONG RESOURCES SDN BHD (A WHOLLY-OWNED SUBSIDIARY OF SNC) ("LCR" OR "PURCHASER") OF A PIECE OF FREEHOLD LAND HELD UNDER GRN 9505 LOT 68, MUKIM OF LENDU, DISTRICT OF ALOR GAJAH, STATE OF MELAKA MEASURING WITH AN APPROXIMATE AREA OF 25.880 ACRES ("PROPERTY") FOR A TOTAL CASH CONSIDERATION OF RM5,823,000 ("PURCHASE PRICE")("PROPOSED ACQUISITION")
20/12/2021 OTHERS SAND NISKO CAPITAL BERHAD ("SNC" OR "COMPANY") MEMORANDUM OF UNDERSTANDING BETWEEN LEN CHEONG INDUSTRIES SDN BHD ("LCI") A WHOLLY-OWNED SUBSIDIARY OF SNC AND FABULOUS SUNVIEW SDN BHD ("SUNVIEW") ON COLLABORATION TO INTEGRATE LARGE SCALE SOLAR FARM
16/12/2021 MULTIPLE PROPOSALS SAND NISKO CAPITAL BERHAD ("SNC" OR "COMPANY") (I) SHARE SPLIT; AND (II) BONUS ISSUE OF WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
01/12/2021 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SAND NISKO CAPITAL BERHAD ("SNC" OR "COMPANY") PROPOSED JOINT VENTURE BETWEEN LEN CHEONG RESOURCES SDN BHD ("LCR" OR THE "DEVELOPER") A WHOLLY-OWNED SUBSIDIARY OF SNC AND MUTIARA MAHAJUTA SDN BHD (REPRESENTING A GROUP OF INDIVIDUAL LANDOWNERS) ("MUTIARA" OR THE "LANDOWNER") FOR LONG-TERM 2 PHASES DEVELOPMENT OF LANDS IN THE STATE OF MELAKA ("PROPOSED JV")
22/11/2021 MULTIPLE PROPOSALS SAND NISKO CAPITAL BERHAD ("SNC" OR "COMPANY") (I) SHARE SPLIT; AND (II) BONUS ISSUE OF WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
12/11/2021 MULTIPLE PROPOSALS SAND NISKO CAPITAL BERHAD ("SNC" OR "COMPANY") (I) SHARE SPLIT; AND (II) BONUS ISSUE OF WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")