Asahi Denka Decided to Introduce Stock Option Program in the Form of New Stock Issuance.
2001.5.23
The Board of Directors resolved at the meeting of May 23, 2001 to offer qualified directors and employees the stock option to subscribe for new stock issuance. This stock option program is intended for further improving spirit and commitment to achieve better corporate performance on the part of our management and employees as well as contributing to shareholders' profit through increased corporate value.
The foregoing is contingent on shareholders' approval by vote on the occasion of the ordinary shareholders meeting scheduled on June 27, 2001 for the revision of Articles of Incorporation and the grant of the right to subscribe for new stock issuance.
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