42,750,000 Ordinary Shares of Reservoir Link Energy Bhd are subject to a Lock-Up Agreement Ending on 15-JUL-2023.
Details:
The promoters of the company, namely, RL Holdings, Dato' Wan Hassan Bin Mohd Jami, Mad Haimi Bin Abu Hassan, and Thien Chiet Chai have agreed not to dispose of any shares of the company for a period six months from the listing date. Upon expiry of the first six month period, an aggregate of 45% of our nominal ordinary share capital will remain under lock-up for further six months. Thereafter, it may sell up to a maximum of one third of shares held under lock-up annually.