Tai Hing Group Holdings Announces Updated Post-IPO Share Option Scheme, Confirms No Options Granted Under New Terms
Reuters
Oct 03
Tai Hing Group Holdings Announces Updated Post-IPO Share Option Scheme, Confirms No Options Granted Under New Terms
**Tai Hing Group Holdings Ltd. Announces Update on Share Option Scheme** Tai Hing Group Holdings Ltd. has released a supplemental announcement regarding its Post-IPO Share Option Scheme. Under the updated terms, an offer under the scheme is considered accepted when the company receives both a duly signed offer letter from the grantee and a remittance of HK$1.00, or another nominal sum as determined by the Board, as consideration for the grant. The company clarified that this remittance is non-refundable. No new share options have been granted under the scheme since its adoption up to the date of the announcement. The Board emphasized that all other information in the company's latest annual report remains unchanged.
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