OTHERS SIAB HOLDINGS BERHAD ("SIAB" OR "THE COMPANY") - TERMINATION OF LETTERS OF AWARD

SIAB HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
SIAB HOLDINGS BERHAD ("SIAB" OR "THE COMPANY") - TERMINATION OF LETTERS OF AWARD

[Unless otherwise defined, the definitions set out in the announcement dated 31 March 2023 in relation to the termination of the Letters of Award ("Announcement") shall apply herein.]

Further to the Announcement, the Company wishes to announce the following additional information:

(1) INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS, CHIEF EXECUTIVE AND/OR PERSONS CONNECTED WITH THEM

None of the Directors, major shareholders, chief executive of SIAB and/or persons connected with them have any interest, whether direct or indirect, in the termination of LA.

(2) STATEMENT BY DIRECTORS

The Board is of the opinion that terminating both LA is in the best interest of the Company and that the termination in principle of the LA is mutually agreed and does not contravene any of the provisions of the LA.

This announcement is dated 4 April 2023.






Announcement Info

Company Name SIAB HOLDINGS BERHAD
Stock Name SIAB
Date Announced 04 Apr 2023
Category General Announcement for PLC
Reference Number GA1-04042023-00030