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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES GENETEC TECHNOLOGY BERHAD ("GENETEC" OR "COMPANY") PROPOSED ESTABLISHMENT OF A LONG-TERM INCENTIVE PLAN IN THE FORM OF AN EMPLOYEES' SHARE GRANT SCHEME FOR THE ELIGIBLE EXECUTIVE DIRECTORS AND EMPLOYEES OF GENETEC AND ITS SUBSIDIARIES ("PROPOSED LTIP")

GENETEC TECHNOLOGY BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description
GENETEC TECHNOLOGY BERHAD ("GENETEC" OR "COMPANY")

PROPOSED ESTABLISHMENT OF A LONG-TERM INCENTIVE PLAN IN THE FORM OF AN EMPLOYEES' SHARE GRANT SCHEME FOR THE ELIGIBLE EXECUTIVE DIRECTORS AND EMPLOYEES OF GENETEC AND ITS SUBSIDIARIES ("PROPOSED LTIP")

On behalf of the Board of Directors of Genetec, KAF Investment Bank Berhad wishes to announce that the Company is proposing to undertake the Proposed LTIP.

Further details of the Proposed LTIP are set out in the attachment enclosed.

This announcement is dated 28 May 2024.




Please refer attachment below.



Announcement Info

Company Name GENETEC TECHNOLOGY BERHAD
Stock Name GENETEC
Date Announced 28 May 2024
Category General Announcement for PLC
Reference Number GA1-28052024-00064



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