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General Announcement Reference No MM-020516-58152 |
| Submitting Merchant Bank | : | COMMERCE INTERNATIONAL MERCHANT BANKERS BERHAD |
| Company Name | : | ASIATIC DEVELOPMENT BERHAD |
| Stock Name | : | ASIATIC |
| Date Announced | : | 16/05/2002 |
| Type | : | Announcement |
| Subject | : | ASIATIC
DEVELOPMENT BERHAD ("ASIATIC" OR "COMPANY") PROPOSED AMENDMENTS TO THE BY-LAWS OF THE EXECUTIVE SHARE OPTION SCHEME FOR ELIGIBLE EXECUTIVES AND EXECUTIVE DIRECTORS OF ASIATIC AND ITS SUBSIDIARIES ("PROPOSED AMENDMENTS") |
Contents :
We refer to the announcement by Commerce International Merchant Bankers Berhad
("CIMB") on 28 November 2001 in relation to the above.
On behalf of Asiatic, CIMB is pleased to announce that the Securities Commission
has, vide its letter dated 14 May 2002, approved the Proposed Amendments.
This announcement is dated 16 May 2002.