Meta Health Issues 20 Million Shares to Chief Medical Officer as Incentive Bonus; Shares Surge 20%

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2025.05.23 03:39
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Meta Health is set to issue 20 million shares to its chief medical officer, Bernard Ng Kee Huat, as a performance-based incentive bonus at SG$0.008 per share. This will increase Huat's shareholding to approximately 3.94% of the company's enlarged share capital. Huat has resigned, with his last day on June 15. Following this announcement, Meta Health's shares surged over 20% in recent trading.