Kingmaker Footwear Holdings (HK:1170) has released an update.
Kingmaker Footwear Holdings Limited has announced amendments to its Share Award Scheme, where the Board has resolved to only allow the Trustee to purchase existing shares from the market for awards, thereby not affecting any existing rights of selected participants and providing more flexibility in the scheme’s administration. These changes aim to better align with the company’s objectives of incentivizing and retaining key personnel through direct economic interest in the company’s long-term growth.
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