KML TECH (08065) terminates stock incentive plan.
Gao Meng Technology (08065) announced that the Board of Directors adopted a share incentive plan starting from November 5, 2018. As of the date of this announcement, all shares previously granted under the share incentive plan have been fully vested, and there are no remaining shares that have not yet vested or been granted. In order to reduce the administrative and trustee costs associated with maintaining the share incentive plan, the Board of Directors has decided to terminate the share incentive plan effective May 13, 2026.
KML TECH (08065) announced that the board of directors will terminate the Caina Technology Incentive Plan effective from November 5, 2018. As of the date of this announcement, all shares previously awarded under the stock incentive plan have been fully allocated, with no outstanding or unvested shares. In order to reduce administrative and trustee costs associated with maintaining the stock incentive plan, the board of directors has decided to terminate the plan as of May 13, 2026.
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