SINGAMAS CONT (00716) announced that the company has adopted a share award scheme on September 1, 2025. According to Listing Rule 17.01(1)(b), given that the scheme is intended to be funded by existing shares only at the time of adoption, the scheme constitutes a share scheme under Chapter 17 of the Listing Rules and must comply with the applicable disclosure requirements under Listing Rule 17.12. The scheme does not constitute a scheme involving the issue of new shares as described in Listing Rule 17.01(1)(a), therefore the adoption of the scheme does not require shareholder approval under Chapter 17 of the Listing Rules.