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Virtual Mind Holding Announces Share Awards for Executives

Story Highlights
  • Virtual Mind Holding plans to issue 44,000,000 new shares under its Share Award Scheme.
  • The share grants aim to incentivize executives and align their interests with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

An announcement from Virtual Mind Holding Company Limited ( (HK:1520) ) is now available.

Virtual Mind Holding Company Limited has announced an extraordinary general meeting to approve the issuance of new shares under its Share Award Scheme. The meeting will consider granting a total of 44,000,000 Award Shares to several executive directors, including the chairman, Mr. Mei Weiyi. This move is part of the company’s strategy to incentivize its leadership and align their interests with shareholders, potentially impacting the company’s operational focus and market positioning.

More about Virtual Mind Holding Company Limited

YTD Price Performance: -33.82%

Average Trading Volume: 1,024,477

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$301.7M

See more insights into 1520 stock on TipRanks’ Stock Analysis page.

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