Jul 16, 2013. /Lesprom Network/. Asia Packaging Group Inc. has granted an aggregate of 500,000 stock options to a director of the Company, Jin Kuang. Each option is exercisable at $0.25 per common share and is exercisable for a period of five years from the date of grant. All of the options will vest equally over a three year period and are exercisable in accordance with the terms of the Asia Packaging's Stock Option Plan, as the company said in the press release received by Lesprom Network. 

Asia Packaging Group, through its wholly-owned subsidiaries in the People's Republic of China, is in the business of manufacturing packaging products in China.