Chen Hsong (00057) Announces Grant of 944,300 Share Awards

Bulletin Express

Dec 01, 2025

Chen Hsong (00057) has granted a total of 944,300 share awards, with 763,000 allocated to 22 selected employees and 181,300 to Chief Project Officer, Mr. Yi Jun LIM. The grant date was 1 December 2025, and the closing share price on that day was HK$1.68. Recipients will see 25% of their awards vest on each anniversary over four years.

According to the announcement, there are no performance targets tied to these awards, reflecting a focus on retention and alignment of interests between employees and shareholders. In cases of serious misconduct, the board may exercise a clawback mechanism that cancels partly or all of the vested or unvested share awards. After this issuance, the number of shares still available for future share awards is 62,108,860.

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