Shangri-La Asia Unveils 2025 Share Award Scheme for Employee Compensation

Reuters
2025.12.12 12:20
portai
I'm PortAI, I can summarize articles.

Shangri-La Asia Ltd. announced its 2025 Share Award Scheme, offering 339,789,305 shares for employee compensation, with a sublimit for service providers. Awards vest based on time, not performance, and include a clawback mechanism for misconduct. New shares will be issued without financial assistance for purchase. The scheme aims to compensate employees and service providers effectively.