Azam Jaya Berhad (“Azam Jaya” or “the Company”) has announced a series of corporate proposals aimed at supporting its future growth and strengthening employee engagement.
Overview of Proposals
The Company intends to undertake the following:
1. Proposed Private Placement
Azam Jaya plans to issue up to 100,000,000 new ordinary shares, representing up to 20% of its current issued share capital.
- Shares will be placed out to independent third-party investor(s)
- The issue price will be determined at a later date
- Investors have not yet been identified
2. Proposed Employees’ Share Option Scheme (ESOS)
The Company also proposes to establish an ESOS of up to 10% of its issued share capital (excluding treasury shares).
- Open to eligible directors and employees
- Covers both the Company and its subsidiaries
- Intended to reward and retain talent
Strategic Objectives
These proposals are part of Azam Jaya’s broader strategy to:
- Strengthen its financial position
- Support business expansion and operational requirements
- Enhance employee motivation and long-term commitment
- Align employee interests with shareholder value
Additional Information
Further details on the proposals can be found in the official announcement released on 15 May 2026.
For more information, please contact:
Berjaya Securities Sdn Bhd
(Formerly known as Inter-Pacific Securities Sdn Bhd)
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