360 Capital Group Limited (AU:TGP) has released an update.
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360 Capital Group has announced significant changes to its long-term and short-term incentive programs to better align with its strategy for growing its funds management platform. The company has canceled 12 million securities from its FY2023 LTI program and introduced new performance measures in its STI program, focusing on financial growth and strategic initiatives. These changes are expected to enhance the group’s earnings by emphasizing growth in real estate equity and credit funds management.
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