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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We refer to the announcement dated 21 August 2023 in relation to the Proposed LTIP. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcement.
On behalf of the Board, AmInvestment Bank wishes to announce that the Company had on 23 August 2023 submitted an application to Bursa Securities in respect of the listing and quotation of such number of new Axiata Shares, representing up to 3.0% of the total number of issued Axiata Shares (excluding treasury shares, if any) to be issued pursuant to the Proposed LTIP on the Main Market of Bursa Securities.
This Announcement is dated 23 August 2023. |
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| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 23 Aug 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22082023-00030 |