54,484,368 Ordinary Shares of Infoline Tec Group Berhad are subject to a Lock-Up Agreement Ending on 1-JUL-2023.
Details:
The moratorium applies to Promoterâs entire shareholding for a period of 6 months from the date of Listing and upon the expiry of the First 6-Month Moratorium, the Promoterâs shareholding amounting to at least 45% of the enlarged issued share capital remain under moratorium for a further 6 months. Thereafter, Promoter may sell, transfer or assign up to a maximum of 1/3 per annum (on a straight-line basis) of his Shares under moratorium.