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3. OBJECTIVES OF THE SCHEME
APPENDIX C
The Scheme is a share incentive plan. The Scheme is proposed on the basis that it is important
to retain staff whose contributions are essential to the well-being and prosperity of the Group
and to give recognition to outstanding employees and executive and non-executive directors of
the Group, the Parent Group and Associated Companies who have contributed to the growth
of the Group. The Scheme will give Participants an opportunity to have a personal equity
interest in the Company at no direct cost to its profitability and will help to achieve the following
positive objectives:-
(a) the motivation of each Participant to optimise his performance standards and efficiency
and to maintain a high level of contribution to the Group;
(b) the retention of key employees and executive and non-executive directors of the Group,
as well as Parent Group Executives and Associated Company Executives whose
contributions are essential to the long-term growth and profitability of the Group;
(c) to instil loyalty to, and a stronger identification by the Participants with the long-term
prosperity of, the Company;
(d) to attract potential employees with relevant skills to contribute to the Group and to create
value for the shareholders of the Company;
(c) to align the interests of the Participants with the interests of the shareholders of the
Company; and
(d) to give recognition to the contributions made or to be made by Non-Executive Directors as
well as Parent Group Executives and Associated Company Executives to the success of
the Group.
4. ELIGIBILITY OF PARTICIPANTS
4.1 The following persons shall be eligible to participate in the Scheme at the absolute discretion
of the Committee:-
(a) Group Executives who have attained the age of twenty-one (21) years and hold such rank
as may be designated by the Committee from time to time;
(b) Non-Executive Directors who, in the opinion of the Committee, have contributed or will
contribute to the success of the Group; and
(c) Non-Group Executives, being:-
(i) Parent Group Executives, who have attained the age of twenty-one (21) years and
hold such rank as may be designated by the Committee from time to time and who,
in the opinion of the Committee, have contributed or will contribute to the success of
the Group; and
(ii) Associated Company Executives who have attained the age of twenty-one (21) years
and hold such rank as may be designated by the Committee from time to time and
who, in the opinion of the Committee, have contributed or will contribute to the success
of the Group.
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