VCI Global Ltd. has adopted an amended and restated employee stock ownership plan (ESOP), effective November 10, 2025. The plan authorizes the issuance of share options, restricted shares, or restricted share units, with a maximum limit set at 20% of the company's total outstanding share capital on a fully diluted basis. The ESOP Committee has discretion to determine the type of awards and the exercise price, which may be fixed, variable, or based on fair market value. The plan will remain in effect for five years from the date of adoption.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VCI Global Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-109071), on November 12, 2025, and is solely responsible for the information contained therein.