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Horizon Construction Grants Share Options to Boost Strategic Alignment

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Horizon Construction Grants Share Options to Boost Strategic Alignment

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Horizon Construction Development Limited ( (HK:9930) ) has issued an update.

Horizon Construction Development Limited has announced the grant of up to 9,580,000 share options under its Share Option Scheme, representing approximately 0.30% of the total shares in issue. The share options, offered at an exercise price of HK$1.34 per share, are subject to a vesting schedule over three years and performance targets related to the company’s business development and financial performance. This move is likely aimed at incentivizing key participants and aligning their performance with the company’s strategic goals.

The most recent analyst rating on (HK:9930) stock is a Buy with a HK$1.80 price target. To see the full list of analyst forecasts on Horizon Construction Development Limited stock, see the HK:9930 Stock Forecast page.

More about Horizon Construction Development Limited

Horizon Construction Development Limited is a company incorporated in the Cayman Islands, operating in the construction industry. It is listed on the Stock Exchange of Hong Kong Limited and focuses on development projects.

Average Trading Volume: 1,776,214

Technical Sentiment Signal: Hold

Current Market Cap: HK$4.16B

For detailed information about 9930 stock, go to TipRanks’ Stock Analysis page.

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