TechStore seeks shareholder approval for employee share option scheme of up to 10% of issued shares
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- TechStore will seek shareholder approval at an extraordinary general meeting for an employees' share option scheme covering up to 10% of issued shares.
- Separate approval will cover option allocations to Managing Director Tan Hock Lim and Executive Director Mohd Fadzil Bin Mohd Daud.
- The scheme would run for five years, extendable to 10 years, with exercise prices discounted by up to 10% to five-day VWAP.
- Directors and senior management could receive up to 50% of scheme shares.
- The board considers the proposal in the company's best interests; executive directors will abstain from voting on the scheme and their allocations.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TechStore Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3720562) on October 30, 2026, and is solely responsible for the information contained therein.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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