PETALING JAYA: Eastern & Oriental Bhd
(E&O) has awarded over three million shares at yesterday’s closing market price of RM2.92 to eligible employees and executive directors of E&O and its subsidiaries.
The shares were awarded yesterday, following its long-term stock incentive plan (LTIP) approved by E&O stockholders on Sept 27, 2012. The property group said in a Bursa Malaysia filing that the vesting date for the stock units were on July 31, 2017.
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