BonusJul 13, 2026, 07:24 AM
Founder Group Awards $100K in Special Bonuses via 50,000 Class B Shares
AI Summary
Founder Group Limited approved one-time special discretionary bonuses totaling US$100,000 for its Chairman and CEO, Mr. Lee Seng Chi, and Director, Mr. Thien Chiet Chai. These awards were granted in recognition of their past contributions to the company. The bonuses were satisfied by the issuance of 50,000 Class B ordinary shares.
Key Highlights
- Founder Group awarded special discretionary bonuses to two directors.
- Total bonus value of US$100,000 was granted.
- Mr. Lee Seng Chi, Chairman and CEO, received a US$60,000 bonus.
- Mr. Thien Chiet Chai, Director, received a US$40,000 bonus.
- Bonuses were satisfied by issuing a total of 50,000 Class B ordinary shares.
- Mr. Lee Seng Chi received 30,000 Class B shares.
- Mr. Thien Chiet Chai received 20,000 Class B shares.
Price Impact
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