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Chu Kong Petroleum Updates Share Option Scheme Details

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Chu Kong Petroleum Updates Share Option Scheme Details

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Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. ( (HK:1938) ) just unveiled an update.

Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. has released a supplemental announcement regarding its Share Option Scheme, as detailed in its 2024 Annual Report. The company disclosed that as of the report date, 101,114,200 shares were available for issue under the scheme, representing approximately 10% of its total issued share capital. The scheme has a remaining life of approximately 5.5 years, indicating continued opportunities for stakeholder engagement and investment.

The most recent analyst rating on (HK:1938) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. stock, see the HK:1938 Stock Forecast page.

More about Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.

Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. is a company incorporated in the Cayman Islands, focusing on the production and supply of steel pipes for the petroleum and natural gas industries.

Average Trading Volume: 1,248,126

Technical Sentiment Signal: Hold

Current Market Cap: HK$399.4M

For a thorough assessment of 1938 stock, go to TipRanks’ Stock Analysis page.

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