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Country Garden Services Holdings Co ( (HK:6098) ) has issued an update.
Country Garden Services Holdings is proposing amendments to its 2024 Share Option Scheme and to the terms of options already granted, aiming to better align its incentive structure with corporate development goals and regulatory requirements. The board plans to extend the exercise period for vested options for employees who leave under normal circumstances such as resignation, retirement or company-initiated position adjustments; clarify how the scheme mandate limit and service provider sublimit apply when options are settled with treasury or existing shares and ensure any trustees comply with Hong Kong listing rules; and introduce greater flexibility for the board and independent directors to approve non-material changes to granted options without further shareholder approval. These changes, which require shareholder approval at an extraordinary general meeting, are intended to make the scheme more practical for participants, tighten compliance, and streamline ongoing administration of the company’s equity incentives, with all existing unexercised options to fall under the revised rules if the amendments are passed.
The most recent analyst rating on (HK:6098) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Country Garden Services Holdings Co stock, see the HK:6098 Stock Forecast page.
More about Country Garden Services Holdings Co
Country Garden Services Holdings Company Limited is a Hong Kong-listed property services group that provides management and related services to residential and commercial projects. Through its subsidiaries, the company focuses on long-term, stable development by attracting and retaining talent with strong skills and experience to support its growth strategy.
Average Trading Volume: 8,737,071
Technical Sentiment Signal: Sell
Current Market Cap: HK$20.83B
See more insights into 6098 stock on TipRanks’ Stock Analysis page.