Summary by Moomoo AI
ASMPT announced on December 4, 2024, that according to the employee share incentive plan, it will issue 1,953,200 new shares, accounting for 0.47% of the company's existing and expanded capital. These shares will vest on December 16, 2024, provided that the selected employees are still employees of the company on the vesting date.The shares being issued have a par value of HKD 0.10 per share, with a total par value of HKD 195,320, which will be used as general operating funds for the company. The trustee will subscribe for the new shares in cash and allocate them to three selected employees, who are not connected persons of the company. The issuance of these shares aims to motivate and reward the contributions of employees, and attract and retain talent.The company will apply to the Stock Exchange for the listing and trading of these shares. The announcement noted that the company has not conducted any other fundraising activities in the past 12 months.
