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Shiyue Daotian Group Co., Ltd Class H ( (HK:9676) ) has provided an update.
Shiyue Daotian Group Co., Ltd. has announced the proposed adoption of a Share Award Scheme, which is set to take effect upon shareholder approval at an Extraordinary General Meeting (EGM). The scheme involves purchasing shares on the Stock Exchange to be held in trust for selected participants until vesting. The company also plans a conditional grant of 13,940,443 awarded shares to several executive directors and employee participants, constituting a connected transaction under the Listing Rules. This initiative aims to align the interests of key personnel with the company’s performance, potentially enhancing its market positioning and stakeholder engagement.
More about Shiyue Daotian Group Co., Ltd Class H
Average Trading Volume: 15,155,993
Technical Sentiment Signal: Buy
Current Market Cap: HK$14.23B
See more data about 9676 stock on TipRanks’ Stock Analysis page.