Watts International Maritime Engineering Ltd. (HK:2258) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Watts International Maritime Engineering Ltd. has announced an amendment to its Share Award Scheme, stating that future awards will only be satisfied with existing shares purchased on the market, as provisions for issuing new shares have been removed. This change aligns the scheme with the Listing Rules and does not require shareholder approval. The move could influence the company’s stock performance as it reflects a change in how employee incentives are managed.
For further insights into HK:2258 stock, check out TipRanks’ Stock Analysis page.