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Fairwood Holdings ( (HK:0052) ) has issued an announcement.
Fairwood Holdings Limited announced the cancellation of 3,330,000 outstanding share options due to their high exercise price, which deterred holders from exercising them. To motivate its employees and directors, the company has granted 5,500,000 new share options at a lower exercise price, aligning with current market conditions, and ensuring better engagement and incentive alignment with its stakeholders.
More about Fairwood Holdings
Fairwood Holdings Limited operates in the food and beverage industry, primarily focusing on providing quick-service restaurant services. The company is known for its chain of restaurants offering a variety of Asian and Western cuisines, catering to a broad market segment in Hong Kong and other regions.
Average Trading Volume: 86,589
Technical Sentiment Signal: Sell
Current Market Cap: HK$707.4M
See more data about 0052 stock on TipRanks’ Stock Analysis page.