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Byline: Komsan Tortermvasana
Oct. 1--Shin Corporation, which says that offering lucrative stock options to its top executives since 2002 has prevented a "brain drain" in the company, is planning a new round of the stock options scheme for top executives in December.
Theera Veerathamsatit, vice-president of human resources management, said that Shin first offered the five-year employee stock option plan (Esop) to about 170 executives three years ago. That round is due to expire in 2005.
Low-level executives received 10,000 to 20,000 units, while others were given as many as one million or more.
Each executive was allowed to sell Esop ...
Source: HighBeam Research, Thailand-based Shin Corp. to offer new round of stock options for...