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Huaxi Holdings Clarifies Share Option Scheme Details in 2024 Annual Report

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Huaxi Holdings Clarifies Share Option Scheme Details in 2024 Annual Report

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Huaxi Holdings Co. Ltd. ( (HK:1689) ) has shared an announcement.

Huaxi Holdings Co. Ltd. has issued a supplemental announcement regarding its 2024 Annual Report, specifically about its Share Option Scheme. The company disclosed that the number of options available for grant under the New Share Option Scheme is 70,143,000 shares, representing 10% of the issued shares. This announcement clarifies the vesting period for options and confirms that the information does not alter the previously disclosed details in the annual report. This move may impact stakeholders by providing clarity on the company’s equity-linked agreements and ensuring transparency in its operations.

More about Huaxi Holdings Co. Ltd.

Huaxi Holdings Co. Ltd. is a company incorporated in the Cayman Islands, operating within an industry that involves equity-linked agreements and share option schemes. The company focuses on providing opportunities for grants under its New Share Option Scheme, catering to its directors, chief executive, employees, and service providers.

Average Trading Volume: 354,709

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$399.8M

See more insights into 1689 stock on TipRanks’ Stock Analysis page.

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