GuocoLand (SGX:F17) granted 476,711 shares under its 2018 Executive Share Scheme, according to a Tuesday filing on the Singapore Exchange.
The grant, dated Feb. 11, includes 260,274 shares awarded to Chief Executive Officer Cheng Hsing Yao. Shares will vest in three tranches over three years, with the first in 2025 and the last in 2027.
The shares were granted at a last traded price of SG$1.45 each.
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