Company Name | : | FAVELLE FAVCO BERHAD |
Stock Name | : | FAVCO |
Date Announced | : | 09 May 2017 |
Category | : | General Announcement for PLC |
Reference Number | : | GA1-09052017-00090 |
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS FAVELLE FAVCO BERHAD ("FFB" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF A NEW SHARE ISSUANCE SCHEME OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN FFB (EXCLUDING TREASURY SHARES) AT ANY ONE TIME DURING THE DURATION OF THE SCHEME FOR THE ELIGIBLE DIRECTORS OF FFB AND EMPLOYEES OF FFB AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES) ("PROPOSED SIS")
FAVELLE FAVCO BERHAD
Type |
Announcement |
Subject |
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS |
Description |
FAVELLE FAVCO BERHAD ("FFB" OR THE "COMPANY")
PROPOSED ESTABLISHMENT OF A NEW SHARE ISSUANCE SCHEME OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN FFB (EXCLUDING TREASURY SHARES) AT ANY ONE TIME DURING THE DURATION OF THE SCHEME FOR THE ELIGIBLE DIRECTORS OF FFB AND EMPLOYEES OF FFB AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES) ("PROPOSED SIS") |
On behalf of the Board of Directors of FFB (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the Proposed SIS. Please refer to the attachment for further details of the Proposed SIS.
This announcement is dated 9 May 2017. |
Please refer attachment above.