NOVA MSC BERHAD
31 Oct 2014
|Description||NOVA MSC BERHAD (“NOVAMSC” or “the Company”) – EMPLOYEES’ SHARE OPTION SCHEME (“ESOS”)|
Pursuant to paragraph 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, NOVAMSC wishes to announce that the Company has on 30 October 2014 offered a total of 1,440,000 share options at the option price of RM1.00 to eligible employees and Directors of NOVAMSC Group in accordance to the By-Laws of the ESOS.
Details of the NOVAMSC Options are as follows:-
|(a)||Date of offer||30 October 2014|
|(b)||Exercise price of options offered||RM0.10 per share|
|(c)||Number of NOVAMSC options offered||1,440,000 share option|
|(d)||Market price of NOVAMSC shares on date of offer||Closing price of NOVAMSC share on date of offer is RM0.115|
|(e)||Number of NOVAMSC share option granted to each Directors||1. Dato’ Dr Chua Hock Hoo – 440,000|
|(f)||Vesting period of NOVAMSC share options||440,000 NOVAMSC share options
Commencing from the 30 October 2014 until 29
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