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The latest announcement is out from Guan Chao Holdings Limited ( (HK:1872) ).
Guan Chao Holdings Limited announced a clarification regarding an oversight in their Existing Share Option Scheme, specifically related to the Scheme Mandate Limit, which did not receive the necessary confirmation from the Stock Exchange. As a result, the company will withdraw the resolution related to this issue from the AGM Notice and remove related disclosures. Additionally, the company plans to adopt new 2025 Share Schemes and terminate the existing scheme to align with the latest Listing Rules, pending shareholder approval.
More about Guan Chao Holdings Limited
YTD Price Performance: 77.48%
Average Trading Volume: 3,209,036
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.11B
See more insights into 1872 stock on TipRanks’ Stock Analysis page.