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OPPSTAR BERHAD Share Issue/Capital Change 2026

May 10, 2026

71196_rns_2026-05-10_0c8c8289-1622-460e-af63-6bdb50c252fe.html

Share Issue/Capital Change

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OTHERS OPPSTAR BERHAD ("OPPSTAR" OR "COMPANY") GRANT OF SHARES UNDER OPPSTAR'S LONG TERM INCENTIVE PLAN ("LTIP")

OPPSTAR BERHAD

TypeAnnouncementSubjectOTHERS

Description

OPPSTAR BERHAD ("OPPSTAR" OR "COMPANY")
GRANT OF SHARES UNDER OPPSTAR'S LONG TERM INCENTIVE PLAN ("LTIP")

Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, Oppstar wishes to announce that the Company has, on 11 May 2026, made the following grant of ordinary shares of the Company ("Shares") ("Grant") to the eligible Executive Directors and employees.

The details of the Grant are as follows:

Date of Grant : 11 May 2026
Exercise price of the Grant : Not applicable
Number of shares granted : 8,898,000 Shares
Closing market price of Oppstar shares on the date of Grant : RM0.68
Number of shares granted to each director (if any) : Ng Meng Thai

Executive Director/ Co-Chief Executive Officer
226,000 Shares
Cheah Hun Wah

Executive Director/ Co-Chief Executive Officer
205,000 Shares
Tan Chun Chiat

Executive Director/ Chief Operating Officer
170,000 Shares
Vesting period of the Grant : The Shares shall be vested in the following manner until the expiry of the SGS on 9 March 2028:
Tranches Vesting period commencing from:
First Tranche: 22% of Grant 15 Jun 2026
Second Tranche: 28% of Grant 10 May 2027
Third Tranche: 50% of Grant 31 January 2028

This announcement is dated 11 May 2026. 


Announcement Info

Company Name OPPSTAR BERHAD
Stock Name OPPSTAR
Date Announced 11 May 2026
Category General Announcement for PLC
Reference Number GA1-11052026-00080