{"id":14083,"date":"2021-02-02T15:35:42","date_gmt":"2021-02-02T15:35:42","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=14083"},"modified":"2026-04-23T22:09:46","modified_gmt":"2026-04-24T01:09:46","slug":"nagacorp-announces-share-award-scheme","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/nagacorp-announces-share-award-scheme","title":{"rendered":"NagaCorp announces share award scheme"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The casino operator has announced the award to incentivise key employees.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Hong Kong.- Casino operator and developer NagaCorp,\u00a0which runs the <strong>NagaWorld <\/strong>complex in Cambodia, has announced it will award nearly 19.23m shares to employees, including to the firm\u2019s directors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The total market value of the proposed initial grant is US$22.1m, according to the firm\u2019s filing. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pending the approval of the company\u2019s independent shareholders, <strong>nearly 10.23m shares would go to NagaCorp\u2019s directors, and 9.0m to other employees<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">NagaCorp said it had adopted the share award scheme to \u201ccontinue to attract skilled and experienced personnel, to <strong>incentivise them to remain with the group<\/strong>, and\/or to recognise their contribution to the group by providing them with the opportunity to obtain equity interests in the company.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Participants of the Share Award Scheme will include directors and directors of the subsidiaries and <strong>employees that the board considers have contributed or will contribute to the group<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company said that<strong> details will be sent to shareholders <\/strong>on or <strong>before February 5 2021.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>NagaCorp has plans for a new US$350m non-gaming resort to be built at Angkor Wat<\/strong>, Siem Reap. <em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/moodys-tags-nagacorp-project-as-credit-negative\" target=\"_blank\"><strong>Moody\u2019s graded the project as \u201ccredit negative.\u201d<\/strong><\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The casino operator has announced the award to incentivise key employees.<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"NagaCorp, the casino operator behind Cambodia's NagaWorld, has announced a share award scheme totaling 19.23m shares, valued at US$22.1m, to incentivize key employees and directors. This initiative aims to attract and retain skilled personnel, pending independent shareholder approval. Concurrently, the company's plans for a new US$350m non-gaming resort at Angkor Wat have received a \"credit negative\" assessment from Moody's.","focusai_entities":"NagaCorp, NagaWorld, Moody's","focusai_location":"Hong Kong, Cambodia, Siem Reap, Angkor Wat","focusai_target_profile":"ceo_executive (0.9), compliance_legal (0.75), operator_casino (0.8), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.85)","focusai_suggestions":[{"label":"Share Award Performance Metrics?","query":"What are the specific performance metrics tied to the share awards for directors versus other employees, and how do these align with NagaCorp's long-term GGR or NGR growth objectives?"},{"label":"Angkor Wat Project ROI?","query":"How will the US$350m non-gaming resort at Angkor Wat integrate with NagaCorp's existing gaming verticals, and what is the projected return on investment (ROI) given the 'credit negative' assessment?"}],"footnotes":""},"categories":[160,157],"tags":[23632,23907,2336],"class_list":["post-14083","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-business-news","tag-integrated-resorts","tag-land-based-casino","tag-nagacorp"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=14083"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14083\/revisions"}],"predecessor-version":[{"id":14122,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14083\/revisions\/14122"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=14083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=14083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=14083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}