STARJOY W&T (03662) grants the right to subscribe for 32.5 million shares.

STARJOY W&T (03662) announced that on January 20, 2025, the company has conditions to offer a total of 32.5 million ordinary shares with a par value of 0.01 Hong Kong dollars per share to eligible individuals for subscription. This represents approximately 4.48% of the company's issued share capital as of the date of this announcement. However, the offer is subject to acceptance by the recipients and each recipient must pay 1 Hong Kong dollar when accepting the share options under the company's stock option plan adopted on May 28, 2019.