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What should a listed company be aware of when granting options to its director, chief executive or substantial shareholder?

What should a listed company be aware of when granting options to its director, chief executive or substantial shareholder?

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Daniel Hong
 

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It must fulfill the requirements of the Listing Rule 17.04(1). Each grant of options to any of these persons and their associate must be approved by independent non-executive directors of the listed company.

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