110,700,000 Ordinary Shares of Cropmate Berhad are subject to a Lock-Up Agreement Ending on 25-NOV-2025. These Ordinary Shares will be under lockup for 365 days starting from 25-NOV-2024 to 25-NOV-2025.
Details:
The moratorium applies to our Specified Shareholders? entire shareholdings for a period of 6 months from the date of our admission to the Official List of Bursa Securities (?First 6-Month Moratorium?); (ii) upon the expiry of the First 6-Month Moratorium, our Company must ensure that our Specified Shareholders? aggregate shareholding amounting to at least 45% of our total number of issued Shares remain under moratorium for another period of 6 months (?Second 6-Month Moratorium?); and (iii) upon the expiry of the Second 6-Month Moratorium, our Specified Shareholders may sell, transfer or assign up to a maximum of one-third (1/3) per annum (on a straight-line basis) of their Shares held under moratorium.
110,700,000 Ordinary Shares of Cropmate Berhad are subject to a Lock-Up Agreement Ending on 25-NOV-2025.
Published on 12/04/2025 at 07:25 pm EST
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