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Wanka Online, Inc. ( (HK:1762) ) just unveiled an announcement.
Wanka Online Inc. plans to adopt a new share option scheme that complies with the latest Chapter 17 requirements of the Hong Kong Listing Rules, using equity incentives as a flexible tool to retain, motivate and reward eligible participants and align their interests with those of shareholders. The scheme, which is subject to shareholder approval at an extraordinary general meeting and listing approval for the underlying shares, will cap the aggregate number of shares and treasury shares issuable or transferable under this and other existing share incentive schemes at 10% of the company’s issued share capital, signaling a structured approach to employee incentivisation while limiting dilution for existing investors.
The most recent analyst rating on (HK:1762) stock is a Hold with a HK$0.97 price target. To see the full list of analyst forecasts on Wanka Online, Inc. stock, see the HK:1762 Stock Forecast page.
More about Wanka Online, Inc.
Wanka Online Inc. is a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange. The group operates through its subsidiaries and is focused on creating shareholder value, using equity-based incentives as part of its remuneration and retention strategy for employees and other eligible participants.
Average Trading Volume: 10,540,080
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.49B
Learn more about 1762 stock on TipRanks’ Stock Analysis page.