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Suga International Corrects Exercise Price in Share Option Grant Clarification

Story Highlights
  • Suga International corrected the share option exercise price from HK$1.07 to HK$1.072 per share.
  • The company stated all other terms of the previously announced share option grant remain unchanged.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Suga International Corrects Exercise Price in Share Option Grant Clarification

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Suga International Holdings Limited ( (HK:0912) ) just unveiled an announcement.

Suga International Holdings Limited has issued a clarification regarding a previously announced grant of share options, correcting the stated exercise price and related average closing price per share from HK$1.07 to HK$1.072, noting that the earlier figure was rounded to two decimal places. The company emphasized that this minor numerical adjustment does not affect any other details of the share option grant, which remain unchanged, and the move is aimed at ensuring precise disclosure to the market and maintaining transparency for shareholders and other stakeholders.

The most recent analyst rating on (HK:0912) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Suga International Holdings Limited stock, see the HK:0912 Stock Forecast page.

More about Suga International Holdings Limited

Suga International Holdings Limited is a Hong Kong–listed company. Its board comprises executive, non-executive and independent non-executive directors, reflecting a standard corporate governance structure for a diversified industrial or manufacturing enterprise on the local bourse.

Average Trading Volume: 81,972

Technical Sentiment Signal: Sell

Current Market Cap: HK$299M

Learn more about 0912 stock on TipRanks’ Stock Analysis page.

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