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China Cultural Tourism and Agriculture Group Updates Share Option Scheme

Story Highlights
  • China Cultural Tourism and Agriculture Group updates its New Share Option Scheme.
  • The scheme offers 694,635,004 shares, about 9.04% of issued shares, under new compliance rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Cultural Tourism and Agriculture Group Updates Share Option Scheme

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TFG International Group Limited ( (HK:0542) ) just unveiled an update.

China Cultural Tourism and Agriculture Group Limited has announced a supplemental update regarding its New Share Option Scheme as detailed in its annual report for the year ending December 31, 2024. The scheme allows eligible participants, including employees and directors, to receive share options, with a total of 694,635,004 shares available for issuance, representing about 9.04% of the company’s issued shares. The announcement highlights compliance with new requirements under Chapter 17 of the Listing Rules effective January 1, 2023, and specifies that no participant can be granted options exceeding 1% of the issued shares in any 12-month period without shareholder approval.

More about TFG International Group Limited

Average Trading Volume: 683,190

Technical Sentiment Signal: Sell

Current Market Cap: HK$445.9M

Learn more about 0542 stock on TipRanks’ Stock Analysis page.

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