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Lincotrade & Associates Holdings Limited ( (SG:BFT) ) just unveiled an update.
Lincotrade & Associates Holdings Limited has received approval from the Singapore Exchange for the listing and quotation of new ordinary shares to be issued under its proposed Lincotrade PSP 2025 performance share plan, subject to ongoing compliance with SGX listing requirements. Under this plan, the total number of new shares that may be issued, together with awards from any other existing share-based incentive schemes, will be capped at 15% of the company’s issued share capital (excluding treasury shares and subsidiary holdings), signalling continued use of equity-based incentives that could gradually affect share capital structure and align management and employee interests with shareholder value over time.
More about Lincotrade & Associates Holdings Limited
Lincotrade & Associates Holdings Limited is a Singapore-incorporated company listed on the Singapore Exchange, operating through a group structure. While this announcement does not detail its specific business activities, the company is subject to SGX listing rules and utilises share-based incentive schemes as part of its capital and remuneration structure.
Average Trading Volume: 114,505
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$33.68M
For a thorough assessment of BFT stock, go to TipRanks’ Stock Analysis page.