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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 |
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