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Chuan Hup Cancels Treasury Shares to Boost Value

Chuan Hup Holdings Limited (SG:C33) has released an update.

Chuan Hup Holdings Limited has announced the cancellation of all its 10,494,000 treasury shares as of June 21, 2024, with the aim of enhancing shareholder value. The cancellation represents 1.1472% of the company’s total issued ordinary shares prior to the event and leaves the company with zero treasury shares post-cancellation. The total value of the cancelled shares amounts to S$1,962,695.58.

For further insights into SG:C33 stock, check out TipRanks’ Stock Analysis page.

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