CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED BONUS ISSUE OF UP TO 74,575,827 NEW ORDINARY SHARES OF RM0.50 EACH IN WZ SATU BERHAD (“WZ SATU”) (“WZ SATU SHARES”) (“BONUS SHARES”) ON THE BASIS OF 1 BONUS SHARE FOR EVERY 5 EXISTING WZ SATU SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED BONUS ISSUE”) (II) PROPOSED ESTABLISHMENT OF A LONG TERM INCENTIVE PLAN FOR THE ELIGIBLE EXECUTIVES OF WZ SATU AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES) AND EXECUTIVE DIRECTORS OF WZ SATU (“PROPOSED LTIP”) (III) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF WZ SATU FROM RM250,000,000 COMPRISING 500,000,000 WZ SATU SHARES TO RM375,000,000 COMPRISING 750,000,000 WZ SATU SHARES (“PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL”) (IV) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF WZ SATU (“PROPOSED AMENDMENTS”) (V) PROPOSED ALLOCATIONS OF AWARDS UNDER THE PROPOSED LTIP TO THE ELIGIBLE DIRECTORS OF WZ SATU

Reference Number  : DCS-04012016-00001

Circular/Notice to Shareholders

Company Name Stock Name Date Announced
WZ SATU BERHAD WZSATU 04 JAN 2016
WZ SATU BERHAD

 

 

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED BONUS ISSUE OF UP TO 74,575,827 NEW ORDINARY SHARES OF RM0.50 EACH IN WZ SATU BERHAD (“WZ SATU”) (“WZ SATU SHARES”) (“BONUS SHARES”) ON THE BASIS OF 1 BONUS SHARE FOR EVERY 5 EXISTING WZ SATU SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED BONUS ISSUE”) (II) PROPOSED ESTABLISHMENT OF A LONG TERM INCENTIVE PLAN FOR THE ELIGIBLE EXECUTIVES OF WZ SATU AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES) AND EXECUTIVE DIRECTORS OF WZ SATU (“PROPOSED LTIP”) (III) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF WZ SATU FROM RM250,000,000 COMPRISING 500,000,000 WZ SATU SHARES TO RM375,000,000 COMPRISING 750,000,000 WZ SATU SHARES (“PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL”) (IV) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF WZ SATU (“PROPOSED AMENDMENTS”) (V) PROPOSED ALLOCATIONS OF AWARDS UNDER THE PROPOSED LTIP TO THE ELIGIBLE DIRECTORS OF WZ SATU



Please refer attachment below.

Attachments

WZ Satu Berhad – Circular.pdf
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