CHINA ORAL IND (08406) recommends adopting a new equity acquisition plan.
The Chinese Oral Industry (08406) announced that the stock option plan for 2017 will be obtained on November 15, 2017.
China Oral Industries (08406) announced that the 2017 stock option plan was approved by the company on November 15, 2017, and will be valid and effective for a period of 10 years from the adoption date. The 2017 stock option plan will expire on November 14, 2027. In addition, the Hong Kong Stock Exchange GEM Listing Rules Chapter 23 has been revised and will be effective from January 1, 2023. Due to the above circumstances, the company proposes to terminate the 2017 stock option plan.
In accordance with the latest provisions of Chapter 23 of the GEM Listing Rules, the company proposes to adopt a new stock option plan.
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