Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
| Description |
AXIATA GROUP BERHAD ("AXIATA" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF A LONG-TERM INCENTIVE PLAN FOR THE ELIGIBLE EMPLOYEES AND EXECUTIVE DIRECTORS OF AXIATA AND ITS SUBSIDIARIES ("PROPOSED LTIP") |
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On behalf of the Board of Directors of Axiata, AmInvestment Bank Berhad wishes to announce that the Company proposes to establish a long-term incentive plan involving the issuance of new ordinary shares in Axiata to the executive directors and employees of Axiata and its subsidiaries (excluding subsidiaries which are dormant) who fulfil the eligibility criteria.
Further details of the Proposed LTIP are set out in the attachment below.
This Announcement is dated 21 August 2023. |
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Please refer attachment below.
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 21 Aug 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-21082023-00055 |
Attachments