FriendTimes Inc. has announced an update to its Share Award Scheme, involving the purchase of shares to enhance executive compensation. From August 28, 2023, to June 20, 2025, the company's Trustee has acquired shares amounting to approximately 3.7% of its total share capital. This move reflects FriendTimes Inc.'s commitment to aligning the interests of its key employees with the company's financial performance, as part of their long-term growth strategy. The scheme was initially referenced in an announcement on September 14, 2020, and is part of the company's ongoing efforts to boost its business outlook and prospects.
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