Huationg Global Ltd. (SG:41B) has released an update.
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Huationg Global Limited has announced that its proposed Employee Share Option Scheme (ESOS) and Performance Share Plan (PSP) for 2024 were rejected at the Extraordinary General Meeting. Shareholders voted against the adoption of these programs, which were intended to incentivize employees through share options and performance-linked shares. The company’s executive director and CEO, Ng Kian Ann Patrick, confirmed the outcome of the vote.
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