Kafelaku Coffee Rewards Employees with Share Scheme

Li Bao Ge Group Ltd. (HK:1869) has released an update.

Kafelaku Coffee Holding Limited has announced the grant of awards for 110,500,000 shares to 55 employees under its share scheme, with the shares set to vest on January 31, 2025. The shares are granted at no cost to incentivize employees to contribute to the company’s growth, with a performance-based vesting condition tied to the company’s goals and targets.

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