Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
The latest update is out from Yue Kan Holdings Limited ( (HK:2110) ).
Tian Cheng Holdings Limited has detailed a significant grant of share options under its 2020 share option scheme, issuing rights over 22,240,000 ordinary shares, equal to 10% of its issued share capital at listing. The options, priced at HK$0.107 per share, vest after 12 months from 16 September 2024 and are exercisable until November 2030, with no performance targets or clawback mechanisms attached.
Of the total options granted, 9,000,000 have been allocated to three executive directors and senior management, with the remaining 13,240,000 going to other employees of the Group. The remuneration committee said the grant is intended to align staff interests with shareholders, reward past contributions and potential, and motivate performance, while ensuring no individual exceeds the 1% share option limit set by Hong Kong listing rules.
More about Yue Kan Holdings Limited
Tian Cheng Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through a group structure and is governed by a board of directors and senior management. The company uses an equity-based share option scheme, adopted in 2020, as part of its remuneration and incentive framework for directors, executives and employees.
Average Trading Volume: 628,711
Technical Sentiment Signal: Sell
Current Market Cap: HK$38.52M
For an in-depth examination of 2110 stock, go to TipRanks’ Overview page.