Newborn Town Inc. (HK:9911) has released an update.
Newborn Town Inc. has allocated over 25 million award shares to 26 employees as part of its NBT RSU Scheme, aimed at retaining and incentivizing staff for the company’s long-term growth. These shares will vest in four tranches starting December 2025, with a clawback mechanism in place for specific events. The scheme is designed to align employee performance with the company’s strategic objectives.
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