Chen Hsong Holdings Grants New Share Options

Chen Hsong Holdings (HK:0057) has released an update.

Chen Hsong Holdings Limited has granted 3,350,000 share options on September 16, 2024, under their Share Option Scheme, with an exercise price of HK$1.44 per share. These options are set to vest over periods up to ten years, with no performance targets required for the grantees, aiming to incentivize and reward employees for their contribution to the company’s long-term objectives. Each grantee must pay HK$1.00 upon acceptance of the options.

For further insights into HK:0057 stock, check out TipRanks’ Stock Analysis page.