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Take Care Before Jumping Onto MOG Digitech Holdings Limited (HKG:1942) Even Though It's 58% Cheaper
MOG Digitech to Adopt New Share Schemes in Line With Regulatory Changes
MOG DIGITECH (01942.HK): It is recommended to adopt the 2025 share plan and terminate the first stock option plan.
Gelonghui, April 1st丨MOG DIGITECH (01942.HK) announced that, in view of the amendments to Chapter 17 of the listing rules effective from January 1, 2023, the company plans to terminate its first share option scheme and introduce the 2025 share plan. The new plan is intended to comply with the updated provisions of Chapter 17 of the listing rules. As of the announcement date, there are no unexercised options under the first share option scheme. The company's unused plan authorization limit allows for the granting of options for 2.16 million shares. Furthermore, the company intends not to grant options under the first share option scheme from the date of this announcement until the date of the annual general meeting/special meeting of shareholders.
MOG Digitech Holdings Reports Increased Losses for 2024
Express News | MOG Digitech Holdings FY Revenue RMB 1,253.5 Million
Express News | MOG Digitech Holdings FY Gross Profit RMB 157.8 Million