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Man Wah Holdings ( (HK:1999) ) just unveiled an announcement.
Man Wah Holdings Limited announced the grant of share awards totaling 14,503,200 shares to 195 employees and two executive directors as part of its 2024 Share Award Scheme. This initiative is designed to recognize the past contributions of its employees and directors, and aligns with the company’s strategy for long-term growth and development. The shares will vest in three tranches over the next four years without any performance targets, providing a competitive market incentive.
More about Man Wah Holdings
Man Wah Holdings Limited is a company incorporated in Bermuda with a focus on the manufacturing and sale of furniture. It operates within the home furnishings industry and is listed on the Stock Exchange of Hong Kong Limited under the stock code 01999.
YTD Price Performance: 3.72%
Average Trading Volume: 6,333
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $2.38B
For an in-depth examination of 1999 stock, go to TipRanks’ Stock Analysis page.