TWL Holdings seeks shareholder ratification of 119,700,000 share options granted to Datin Sek Chian Nee
Bitget2026/11/03 09:44- TWL Holdings seeks shareholder ratification of 119,700,000 ESOS options granted to Datin Sek Chian Nee at an upcoming extraordinary general meeting.
- The grants comprised 66,000,000 options on July 1, 2025, at an exercise price of RM 0.027 each.
- A further 53,700,000 options were granted on July 11, 2025, at an exercise price of RM 0.025 each.
- All options were exercised; grants lacked required prior shareholder approval because she is Executive Chairman Dato' Tan Wei Lian's spouse.
- The board recommends voting for ratification, excluding Dato' Tan Wei Lian, who abstained from deliberations and voting.
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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