Asia
International Housewares Retail Grants 1.7 Million Shares as Incentive
International Housewares Retail (HKG:1373 granted nearly 1.7 million awarded shares to certain grantees at nil consideration, according to a Tuesday Hong Kong bourse filing.The houseware retailer's shares were up over 1% in Wednesday afternoon trading.Of the total shares, which represent 0.2% of the firm's issued share capital, 80,000 were granted to executive Director Cheng Sing Yuk and the remaining to certain other employees, subject to acceptance.The company now has a little over 15.9 million shares available for future grant under the scheme.
HKG:1373
