Gala Technology Holding Limited ( (HK:2458) ) just unveiled an update.
Gala Technology Holding Limited has announced the issuance of 4,742,928 new shares under its 2023 Share Award Scheme. This move aims to recognize and reward the contributions of 61 employee participants, providing incentives to retain them for the company’s ongoing operations and development. The issuance represents approximately 3.4377% of the company’s issued shares and is part of a broader strategy to enhance employee engagement and company growth. The Stock Exchange has approved the listing of up to 6,900,000 new shares related to this scheme, and the issuance does not require further shareholder approval.
More about Gala Technology Holding Limited
Gala Technology Holding Limited is a company incorporated in the Cayman Islands with limited liability, and its shares are listed on the Main Board of the Stock Exchange. The company operates in the technology sector, focusing on the development and growth of its business through strategic initiatives such as share award schemes.
YTD Price Performance: 10.51%
Average Trading Volume: 6,755
Technical Sentiment Signal: Strong Buy
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