NagaCorp (HK:3918) has released an update.
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NagaCorp Ltd. has announced the termination of its Share Award Scheme, citing changes in the company’s circumstances and the lapse of time since the initial proposal. The decision means the company will not proceed with the previously planned grants of over 19 million Award Shares. NagaCorp is considering a new employee share incentive scheme to better align with its strategic goals.
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