Extension Of The Duration Of The Company's Existing Employees' Share Option Scheme ("ESOS")

Back Jul 09, 2021
Type Announcement
Subject OTHERS
Description

Cypark Resources Berhad ("CRB" or "the Company") - Extension of the Duration of the Company's Existing Employees' Share Option Scheme ("ESOS")

The Board of Directors ("Board") of CRB is pleased to announce that pursuant to Clause 21 of the By-Laws of the ESOS, the Board, upon recommendation of the Option Committee, has approved an extension of the duration of the ESOS, which will be expiring on 18 October 2021, for a period from 19 October 2021 to 30 June 2022.

The ESOS extension is not subject to any approval from Bursa Malaysia Securities Berhad, Securities Commission Malaysia and the shareholders of the Company.

The Company will serve the notice on extension to the eligible ESOS grantees in due course.

This announcement is dated 9 July 2021.

 

Announcement Info

Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 09 Jul 2021
Category General Announcement for PLC
Reference Number GA1-09072021-00007