Page 236 - Demo
P. 236


                                    Notes to the Consolidated Financial Statements31 December 2024234ADVANCING AHEAD41.SHARE-BASED COMPENSATION PLAN (continued)B.Share Option Plan by a subsidiary of the Company (continued)The fair value of the share options as at 31 December 2023 has been measured using the Black-Scholes option-pricing model. The following table lists the inputs to the model used:As at 31 December 2023Expected dividend yield (%)%u2013Exercise price (US$)33,453Volatility (%)26.9%Risk-free interest rate (%)4.49%Expected life (years)3.3 yearsThe number and exercise price of share options under the ESOP Plan is as follows:Weighted average exercise priceNumber of optionsUS$At 1 January 2023779.40Granted during the year33,453747.48Cancelled during the year33,453(72.47)At 31 December 2023 and at 1 January 20241,454.41Granted during the year28,779(672.91)Cancelled during the year33,453(781.50)At 31 December 2024%u2013
                                
   230   231   232   233   234   235   236   237   238   239   240