International
Matrix Concepts OKs Listing of Proposed Long-Term Incentive Plan
Bursa Malaysia approved Matrix Concepts' (KLSE:MATRIX) listing and quotation of new shares to be issued under its proposed long-term incentive plan, according to a Thursday Malaysian bourse filing.The approval covers the issuance of new shares representing up to 10% of the company's total issued shares, excluding treasury shares, under the proposed employee share option scheme and share grant plan.Matrix Concepts said the approval is subject to, among other conditions, shareholder approval, compliance with Bursa Malaysia's listing requirements and quarterly reporting on shares issued under the plan.
KLSE:MATRIX
