JOINT ANNOUNCEMENT: GRANT OF SHARE OPTIONS BY LAI FUNG HOLDINGS LIMITED
January 21, 2022 at 09:43 am
Share
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this joint announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this joint announcement.
JOINT ANNOUNCEMENT
GRANT OF SHARE OPTIONS BY
LAI FUNG HOLDINGS LIMITED
This joint announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("Listing Rules").
The board of directors ("Board") of each of Lai Sun Garment (International) Limited ("LSG"), Lai Sun Development Company Limited ("LSD", a 53.19%-owned subsidiary of LSG) and Lai Fung Holdings Limited ("Lai Fung", a 55.08%-owned subsidiary of LSD) announces that Lai Fung has granted, subject to acceptance of the grantees, share options ("Options") to certain eligible participants ("Grantees") under the share option scheme adopted by Lai Fung on 18 December 2012, to subscribe for ordinary shares of HK$5.00 each in the share capital of Lai Fung ("Shares"). Brief details of the Options are as follows:
Date of grant
:
21 January 2022
Total number of Shares comprised in the Options
: 440,000 Shares ("Option Shares")
Exercise price per Option Share
:
HK$5.75
Closing price of the Shares on the date of grant
:
HK$5.75 per Share
Validity (exercisable) period of the Options
:
21 January 2022 to 20 January 2032
-1-
None of the Grantees is a director, chief executive or substantial shareholder of Lai Fung, or an associate (as defined in the Listing Rules) of any of them.
By order of the Board
Lai Sun Garment (International) Limited
Chew Fook Aun
Executive Director and Deputy Chairman
By order of the Board
By order of the Board
Lai Sun Development Company Limited
Lai Fung Holdings Limited
Chew Fook Aun
Chew Fook Aun
Executive Director and Deputy Chairman
Chairman
Hong Kong, 21 January 2022
As at the date of this joint announcement,
the Board of LSG comprises five executive directors, namely Dr. Lam Kin Ngok, Peter (Chairman), Mr. Chew Fook Aun (Deputy Chairman), Madam U Po Chu, Mr. Lam Kin Hong, Matthew and Mr. Lam Hau Yin, Lester (also alternate to Madam U Po Chu); and three independent non-executive directors, namely Messrs. Leung Shu Yin, William, Lam Bing Kwan and Chow Bing Chiu;
the Board of LSD comprises five executive directors, namely Dr. Lam Kin Ngok, Peter (Chairman) and Messrs. Chew Fook Aun (Deputy Chairman), Lau Shu Yan, Julius (Chief Executive Officer), Lam Hau Yin, Lester (also alternate to Madam U Po Chu) and Tham Seng Yum, Ronald; one non-executive director, namely Madam U Po Chu; and four independent non-executive directors, namely Messrs. Lam Bing Kwan, Leung Shu Yin, William, Ip Shu Kwan, Stephen and Leung Wang Ching, Clarence; and
the Board of Lai Fung comprises seven executive directors, namely Mr. Chew Fook Aun (Chairman), Mr. Lam Kin Hong, Matthew (Executive Deputy Chairman), Mr. Lam Hau Yin, Lester (Chief Executive Officer) (also alternate to Madam U Po Chu), Madam U Po Chu and Messrs. Cheng Shin How, Lee Tze Yan, Ernest and Tham Seng Yum, Ronald; and five independent non-executive directors, namely Messrs. Lam Bing Kwan, Ku Moon Lun, Law Kin Ho, Mak Wing Sum, Alvin and Shek Lai Him, Abraham.
-2-
Attachments
Original Link
Original Document
Permalink
Disclaimer
Lai Sun Garment (International) Limited published this content on 21 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2022 09:41:08 UTC.
Lai Sun Garment International Ltd is a Hong Kong-based company principally engaged in property development businesses. The Company operates through nine segments. The Property Development and Sale segment engages in the property development. The Property Investment segment invests in the rental of offices. The Hotel Operation segment engages in the operation of hotels and serviced apartments. The Restaurant Operation segment engages in the operation of restaurants and sales of food and beverage products. The Media and Entertainment segment engages in the provision of advertising services and artiste management services. The Film and Television (TV) program segment engages in the production of films and TV programs. The Cinema Operation segment engages in the operation of cinemas. The Theme Park Operation segment engages in the development and operation of theme parks. The Other segment engages in the provision of property management services.