Kinergy Corporation Ltd. Announces New Share Option Scheme for Employees and Directors

Reuters
05-23
Kinergy Corporation Ltd. Announces New Share Option Scheme for Employees and Directors

Kinergy Corporation Ltd., a Singapore-incorporated company listed on the Hong Kong Stock Exchange, has announced the grant of share options under its Share Option Scheme. The announcement, dated May 23, 2025, details that a total of 69,025,132 shares will remain available for future grants. The company's executive directors, including Mr. Lim Kuak Choi Leslie, Mr. Du Xiaotang, Mr. Lim Khin Mann, and Mr. Tay Kim Kah, along with other eligible participants, have been allocated specific numbers of options. Notably, Mr. Tay Kim Kah, Executive Director and Group Financial Controller, received 1,000,000 options, while Mr. Du Xiaotang and Mr. Lim Khin Mann each received 800,000 options. The grant does not require shareholder approval as it does not exceed the 1% threshold of all shares in issue. This strategic move by Kinergy Corporation Ltd. aims to align the interests of its management team and key personnel with the company's growth objectives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kinergy Corporation Ltd. published the original content used to generate this news brief on May 23, 2025, and is solely responsible for the information contained therein.

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