Intraco Ltd Announces Key Treasury Share Transfer

Intraco Ltd. (SG:I06) has released an update.

Intraco Limited has announced the transfer of 333,333 treasury shares valued at S$96,256 for the purpose of fulfilling obligations under its Performance Share Plan. This transfer to Mr. Mak Lye Mun has reduced the company’s treasury shares from 1,242,400 to 909,067, representing a decrease from 1.10% to 0.81% of total issued shares. The company’s move signals ongoing management incentive alignment with shareholder interests.

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