YIK WO INTL (08659) recommends adopting a restricted stock award plan.

YIK WO INTL (08659) has issued an announcement, stating that the board of directors has proposed to adopt a restricted stock incentive plan, subject to approval by the company's shareholders. The purpose of the stock incentive plan is to: (i) provide participants with the opportunity to obtain ownership interests in the company; (ii) encourage and retain these individuals to work for the group; (iii) provide additional rewards for achieving performance goals, in order to motivate participants to work towards the continuous operation, future development, and expansion of the group, and to align the interests of participants with those of the shareholders, ultimately achieving the goal of increasing the value of the group.