Newborn Town Inc. (HK:9911) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Newborn Town Inc. has announced an increase to the maximum number of shares in its RSU Award Scheme from 3% to 10% to better incentivize directors, senior management, and consultants. The amendment aims to align their interests with the company’s growth and does not require shareholder approval, as it doesn’t involve issuing new shares but will utilize existing ones. This move is part of the company’s effort to attract and retain talented personnel for sustainable development.
For further insights into HK:9911 stock, check out TipRanks’ Stock Analysis page.