China Star Entertainment (HK:0326) has released an update.
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China Star Entertainment has disclosed supplementary information to its 2023 annual report, highlighting a significant award of 164 million shares to an executive director, Ms. Chen, as part of its Share Award Scheme. These shares, representing approximately 6.67% of the company’s issued shares as of the award date, were granted with no vesting period or exercise price. The company has refreshed its authorization to allot and issue shares, with a total of 246 million shares now available for various incentive schemes.
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