NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS DUFU TECHNOLOGY CORP. BERHAD ("DUFU" OR THE "COMPANY") PROPOSED ESOS

DUFU TECHNOLOGY CORP. BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
Description
DUFU TECHNOLOGY CORP. BERHAD ("DUFU" OR THE "COMPANY")

PROPOSED ESOS

We refer to the announcements dated 7 May 2019 and 8 May 2019 ("Announcements").

 

(Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.)

 

On behalf of the Board, Affin Hwang IB wishes to announce that Bursa Securities had vide its letter dated 14 May 2019, resolved to approve the listing of and quotation of such number of additional new ordinary shares in Dufu (“Dufu Shares”), representing up to 10% of the total number of issued shares of Dufu (excluding treasury shares), to be issued pursuant to the exercise of options under the Proposed ESOS.

 

The approval granted by Bursa Securities is subject to the following conditions: 

 

(i) Affin Hwang IB is required to submit a confirmation to Bursa Securities of full compliance of the Proposed ESOS pursuant to Paragraph 6.43(1) of the Main Market Listing Requirements of Bursa Securities and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in general meeting approving the Proposed ESOS;

 

(ii) Dufu is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of options under the Proposed ESOS as at the end of each quarter together with a detailed computation of listing fees payable; and

 

(iii) To incorporate the comments made in the circular to shareholders.

 

This announcement is dated 15 May 2019.






Announcement Info

Company Name DUFU TECHNOLOGY CORP. BERHAD
Stock Name DUFU
Date Announced 15 May 2019
Category General Announcement for PLC
Reference Number GA1-15052019-00012