Newsroom
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
| Description | MBSB BERHAD ("MBSB" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF A LONG-TERM INCENTIVE PLAN ("PROPOSED LTIP") |
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Unless otherwise stated, the abbreviations and definitions used in this announcement shall have the same meanings as those previously defined in the Company's announcement dated 29 October 2025 and 20 November 2025 in relation to the Proposed LTIP ("Announcements").
We refer to the Announcements. On behalf of MBSB, MBSB IB wishes to announce that Bursa Securities had vide its letter dated 4 December 2025 approved the listing of and quotation for the new Shares representing up to 10% of the total number of issued Shares to be issued pursuant to the Proposed LTIP. The approval by Bursa Securities is subject to, among others, the following conditions: (i) MBSB and MBSB IB must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed LTIP; (ii) MBSB IB is required to submit a confirmation to Bursa Securities of full compliance of the Proposed LTIP pursuant to paragraph 6.43(1) of the Listing Requirements and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in a general meeting approving the Proposed LTIP; and (iii) MBSB to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the Proposed LTlP as at the end of each quarter together with a detailed computation of listing fees payable. This announcement is dated 4 December 2025. |
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| Company Name | MBSB BERHAD |
| Stock Name | MBSB |
| Date Announced | 04 Dec 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04122025-00044 |
