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The latest update is out from DL Holdings Group Limited ( (HK:1709) ).
DL Holdings Group Limited has announced a significant share transfer and award initiative. The controlling shareholder, Mr. Chen, along with DA Wolf and Rapid Raise, plans to transfer 60,000,000 shares to key directors and employees, representing 3.56% of the company’s total issued share capital. Additionally, they will contribute 120,000,000 shares to incentivize the company’s leadership and workforce, reflecting a commitment to the group’s sustainable development. This move is expected to strengthen the company’s internal alignment and motivate its management and employees.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
More about DL Holdings Group Limited
Average Trading Volume: 88,000,857
Technical Sentiment Signal: Sell
Current Market Cap: HK$5.44B
See more data about 1709 stock on TipRanks’ Stock Analysis page.