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Wrkr Approves AU$450,000 Fixed Remuneration Package for Chief Executive Trent Lund

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Wrkr (ASX:WRK) approved changes to the remuneration arrangements for chief executive officer Trent Lund, effective immediately, following a review of executive remuneration and market benchmarking, according to a Monday Australian bourse filing.

The company said Lund's total fixed remuneration has been set at AU$450,000, with a short-term incentive target of 50% of fixed remuneration, with a maximum of 1.5 times the target subject to achievement of relevant key performance indicators, and a long-term incentive of 10 million performance rights subject to performance hurdles over the performance period.

What else is happening in Asia?

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Sany Heavy Industry Plans Up to 10 Billion Yuan Asset-Backed Securities Issue

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HKG:6031SHA:600031
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HKG:0700
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KRX:010140