REFIRE (02570) recommends adopting the H-share incentive plan for the year 2025.
Reshaping Energy (02570) announced that the Board of Directors held a Board meeting on Friday, October 17, 2025...
REFIRE (02570) announced that the board of directors decided to propose and adopt the 2025 H-share incentive plan at the board meeting held on October 17, 2025 (Friday). The maximum limit of the 2025 H-share incentive plan must be the highest number of H-shares purchased by the trustee at the current market price in accordance with listing rules and other applicable laws and regulations, in any case, not exceeding 3 million H-shares.
The board of directors also decided to propose amendments to the pre-emption rights plan before the initial public offering at the board meeting held on October 17, 2025 (Friday). The amendments involve extending the first exercise period from the last trading day of the 12 months after the waiting period expires to the last trading day of the 24 months after the waiting period expires. According to the pre-emption rights plan before the initial public offering, the above revisions must be deliberated and approved by the shareholders at the extraordinary general meeting before implementation.
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