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Tesson Holdings Discloses Additional CEO Pay Details for 2017 and 2018

Story Highlights
  • Tesson issued a supplemental disclosure detailing former CEO Chen Weixi’s remuneration for FY2017 and FY2018.
  • The update, made for compliance with Hong Kong listing rules, leaves all other annual report information unchanged.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tesson Holdings Discloses Additional CEO Pay Details for 2017 and 2018

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The latest update is out from Tesson Holdings Ltd. ( (HK:1201) ).

Tesson Holdings Limited has issued a supplemental announcement to its 2017 and 2018 annual reports to disclose additional details on the emoluments of its then chief executive officer, Mr. Chen Weixi, in accordance with Hong Kong listing requirements. The company clarified that Mr. Chen received total remuneration of HK$1.681 million in FY2017 and HK$323,000 in FY2018, covering salary, benefits, equity-settled share-based payments and retirement contributions, and noted that he served as CEO from November 2016 until his resignation in February 2018 without being a director during that period; aside from this new disclosure, all other information in the annual reports remains unchanged, signalling a compliance-driven update rather than a change in the group’s underlying operations or strategy.

The most recent analyst rating on (HK:1201) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Tesson Holdings Ltd. stock, see the HK:1201 Stock Forecast page.

More about Tesson Holdings Ltd.

Tesson Holdings Limited is a Bermuda-incorporated company listed on the Hong Kong Stock Exchange (Stock Code: 1210). It operates through a board comprising executive and independent non-executive directors, reflecting a typical governance structure for a diversified Hong Kong-listed holding company, though the specific operating businesses are not described in this announcement.

Average Trading Volume: 585,195

Technical Sentiment Signal: Hold

Current Market Cap: HK$418.8M

See more data about 1201 stock on TipRanks’ Stock Analysis page.

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