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Circular to Shareholders
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May 12, 2021 – bursamalaysia.com
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED BONUS ISSUE OF 105,000,000 WARRANTS (“WARRANT(S)”) ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN SAMAIDEN (“SAMAIDEN SHARE(S)” OR “SHARES”) HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER; AND (II) PROPOSED ESTABLISHMENT OF A SHARE ISSUANCE SCHEME OF UP TO 10% OF THE TOTAL NUMBER OF SAMAIDEN SHARES IN ISSUE (EXCLUDING TREASURY SHARES) FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES.