OTHERS MLABS SYSTEMS BERHAD - OFFER OF OPTIONS UNDER EMPLOYEES SHARE OPTION SCHEME

MLABS SYSTEMS BERHAD

Type Announcement
Subject OTHERS
Description
MLABS SYSTEMS BERHAD 
- OFFER OF OPTIONS UNDER EMPLOYEES SHARE OPTION SCHEME

Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, Mlabs Systems Berhad ("Mlabs" or "Company") wishes to announce that it has offered options to eligible employees under the Company’s Employees’ Share Option Scheme, the details of which are as follows :

 

a) Date of offer: 17 July 2020

 

(b) The exercise price of options offered: RM0.05

 

(c) Number of options offered: 65,000,000

 

(d) The market price of Mlabs’s shares on the date of the offer: RM0.05

 

(e) Number of options offered to Directors of Mlabs: Nil 

 

(f) Vesting period of options offered: Not applicable 

 

This announcement is dated 17 July 2020. 






Announcement Info

Company Name MLABS SYSTEMS BERHAD
Stock Name MLAB
Date Announced 17 Jul 2020
Category General Announcement for PLC
Reference Number GA1-17072020-00065