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OTHERS MQ TECHNOLOGY BERHAD ("MQ TECH" or "the Company") -Offer of Options under Share Issuance Scheme ("SIS")

MQ TECHNOLOGY BERHAD

Type Announcement
Subject OTHERS
Description
MQ TECHNOLOGY BERHAD ("MQ TECH" or "the Company")
-Offer of Options under Share Issuance Scheme ("SIS")

Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, MQ TECH wishes to announce that it has offered options to eligible employees under its SIS, the details of which are as follows:-

 

(a)  Date of offer: 1 November 2023

 

(b)  Exercise price of options offered:  RM 0.0225 each

 

(c)  Number of options offered: 284,240,800

 

(d)  Market price of MQ TECH shares on the date of the offer: RM0.025

 

(e)  Number of options offered to Directors and Employees of MQ TECH: 284,240,800

      Director: Tong Sian Shyen (50,000,000) 

      Director: Terence Cheah Eu Lee (50,000,000) 

 

(f)   Vesting period of options offered:  Not applicable

 

This announcement is dated 1 November 2023.






Announcement Info

Company Name MQ TECHNOLOGY BERHAD
Stock Name MQTECH
Date Announced 01 Nov 2023
Category General Announcement for PLC
Reference Number GA1-01112023-00062



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