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Star Group Company Limited ( (HK:1560) ) just unveiled an update.
Star Group Asia Limited has issued a supplemental announcement correcting the number of share options recently granted under its share option scheme, revising the figure from 34.1 million to 32.5 million options, each convertible into one ordinary share. The board also clarified that these options are not subject to a separate clawback mechanism beyond the standard lapse provisions when a grantee ceases to be an eligible participant, arguing that this approach aligns with the purpose of the scheme and serves the company’s interests, thereby offering investors clearer information on potential equity dilution and the design of its incentive structure.
The most recent analyst rating on (HK:1560) stock is a Hold with a HK$0.15 price target. To see the full list of analyst forecasts on Star Group Company Limited stock, see the HK:1560 Stock Forecast page.
More about Star Group Company Limited
Star Group Asia Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange under stock code 1560. The company is governed by a board comprising executive, non-executive and independent non-executive directors, reflecting a typical Hong Kong–listed corporate governance structure, though its specific industry and core business activities are not described in this announcement.
Average Trading Volume: 169,130
Technical Sentiment Signal: Sell
Current Market Cap: HK$83.39M
Learn more about 1560 stock on TipRanks’ Stock Analysis page.