Glomac Bhd : OTHERS THE RESTRICTED SHARE GRANT SCHEME OF GLOMAC BERHAD

Pursuant to the Chapter 9.19 (51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Glomac Berhad ('Glomac' or 'the Company') wishes to announce that the Company had on the 3rd January, 2017, awarded 1,553,000 ordinary shares of RM0.50 each of the existing issued and paid-up capital of the Company pursuant to the Restricted Share Grant Scheme ('RSG') ['the RSG Award']. The details of the RSG Award are as follows:

DESCRIPTION OF THE RSG AWARD
Date of RSG Award		3 January 2017
Exercise price of the RSG Award		Not applicable as the Glomac shares will be vested at no consideration
Number of Glomac shares awarded		1,553,000
Closing market price of Glomac shares on the date of Award		RM0.69
Number of shares awarded to the following Directors		1. Tan Sri Dato' Mohamed Mansor bin Fateh Din - 472,000 units 2. Datuk Fong Loong Tuck - 472,000 units 3. Datuk Seri Fateh Iskandar bin Tan Sri Dato' Mohamed Mansor - 609,000 units
Vesting date of the Glomac shares awarded		2 January 2019

This announcement is dated 3 January 2017.