PHUA LEE MING plans to launch an employee stock ownership plan in 2025, with a total fundraising amount not exceeding 13.6067 million yuan
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PHUA LEE MING plans to implement an employee stock ownership plan in 2025, with no more than 42 participants and a total fundraising amount not exceeding 13.6067 million yuan. The shares will be purchased from the secondary market through repurchase at a price of 8.42 yuan per share, with a maximum repurchase of 1.616 million shares. The duration of the plan will not exceed 48 months, calculated from the date of approval by the shareholders' meeting
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