Ever Glory Issues New Shares for Acquisition

Ever Glory United Holdings Limited (SG:ZKX) has released an update.

Ever Glory United Holdings Limited has successfully issued 375,000 Tranche C Consideration Shares as part of the acquisition of Fire-Guard Engineering Pte. Ltd., increasing its total issued shares to 261,580,649. These new shares are fully paid, free from encumbrances, and will trade on par with existing shares, excluding prior dividends and distributions. Trading of these shares on the Catalist of the Singapore Exchange is set to commence on August 21, 2024.

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