Deson Development Unveils New Share Option Scheme with 10% Issuance Cap for 2024
Reuters
May 19
Deson Development Unveils New Share Option Scheme with 10% Issuance Cap for 2024
Deson Development International Holdings Limited, incorporated in Bermuda, has announced supplemental information regarding its new share option scheme in its 2024 Annual Report. The scheme allows for the issuance of up to 146,682,060 new shares, which represents approximately 10% of the total shares in issue as of the adoption date. These options are exclusively available to the company's employees, excluding service providers, ensuring that the benefits are retained within the company's internal team. The announcement, dated 19 May 2025, was made by the company's Managing Director and Chairman, Tjia Boen Sien.
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