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 "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 18 March 2016 in relation to the Proposed LTIP (“Announcement”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcement. On behalf of the Board, CIMB wishes to announce that an application was submitted today on behalf of Axiata to Bursa Securities for the additional listing of and quotation for new Axiata Shares to be issued pursuant to the Proposed LTIP on the Main Market of Bursa Securities.
This announcement is dated 30 March 2016. |
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| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 30 Mar 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30032016-00088 |