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Hop Fung Group Holdings Limited ( (HK:2320) ) just unveiled an update.
Hop Fung Group Holdings Limited has announced additional details regarding its 2023 share option scheme, as disclosed in its 2024 Annual Report. The scheme outlines the maximum entitlement for eligible participants, stipulating that the total number of shares issued under the scheme should not exceed 1% of the company’s issued share capital within a 12-month period. Grants to directors or substantial shareholders exceeding 0.1% of shares must be approved by shareholders. The scheme also includes provisions for vesting and exercise periods, as well as the basis for determining the subscription price for shares. This announcement is significant as it provides clarity on the company’s approach to incentivizing its stakeholders, potentially impacting its market positioning and shareholder relations.
More about Hop Fung Group Holdings Limited
Hop Fung Group Holdings Limited is a company incorporated in the Cayman Islands, operating within the manufacturing sector. The company is primarily involved in the production and distribution of corrugated paper products, serving various markets with a focus on packaging solutions.
Average Trading Volume: 159,333
Technical Sentiment Signal: Sell
Current Market Cap: HK$72.77M
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