[Shin Kin] Announcement of the Board of Directors' Resolution to Issue New Restricted Stock for Employees

AI Summary (NQ-processed)

Shin Kin's Board of Directors has approved the issuance of up to 1,500,000 new restricted shares for employees. These shares will be granted at no cost to mid-to-senior level executives and key personnel, vesting over three years based on continued employment and the achievement of specific company and individual performance goals. The plan aims to retain talent and align employee interests with those of the shareholders.