Pan Asia Data Holdings, Inc. (HK:1561) has released an update.
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Pan Asia Data Holdings Inc. has announced the termination of its Share Award Scheme, initially adopted to incentivize and retain key personnel, effective December 31, 2024. The decision comes as the company aims to reduce administrative costs, with no adverse effects expected for the company or its shareholders. The scheme’s closure follows a period without new share awards or remaining funds in the trust.
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