Horizon Construction Development Limited (HK:9930) has released an update.
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Horizon Construction Development Limited has awarded 8,430,000 Restricted Shares to its CEO, Mr. Pan, which corresponds to about 0.26% of the company’s issued shares, valued at HK$12,223,500 based on the current share price. These shares, granted under the Restricted Share Award Scheme, are subject to performance-based vesting conditions over a three-year period and do not require independent shareholder approval.
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