Asymchem Laboratories (Tianjin) Co., Ltd. Class H (HK:6821) has released an update.
Asymchem Laboratories (Tianjin) Co., Ltd. has announced the proposed termination of its 2021 Restricted A Share Incentive Scheme and plans to repurchase and cancel over 1.75 million restricted A shares. The decision, aiming to better align with the market environment and protect stakeholder interests, will result in a minor reshuffle of the company’s shareholding structure with funds for the repurchase coming from internal resources.
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