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Far East Consortium International ( (HK:0035) ) has provided an announcement.
Far East Consortium International Limited has announced a conditional grant of 20 million share options to its Executive Directors, Ms. Wing Kwan Winnie Chiu and Ms. Jennifer Wendy Chiu. This grant is part of the company’s share option scheme adopted in 2022 and is subject to acceptance by the grantees and approval by independent shareholders. The options have a vesting schedule from 2026 to 2029 and do not include performance targets or clawback mechanisms. This move could potentially align the interests of the directors with those of the shareholders, impacting the company’s governance and executive compensation strategy.
The most recent analyst rating on (HK:0035) stock is a Buy with a HK$1.25 price target. To see the full list of analyst forecasts on Far East Consortium International stock, see the HK:0035 Stock Forecast page.
More about Far East Consortium International
Far East Consortium International Limited is a company incorporated in the Cayman Islands, with a focus on real estate development, hospitality, and car park operations. The company operates primarily in the Asia Pacific region and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 982,373
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$2.39B
Learn more about 0035 stock on TipRanks’ Stock Analysis page.