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Ever Glory United Completes Allotment of 2 Million New Shares Ahead of Mainboard Transfer

Story Highlights
  • Ever Glory United issued 2,000,000 new shares at S$0.64 each, increasing total issued shares to 381,067,257.
  • The newly allotted shares, ranking pari passu with existing stock, are expected to start trading on SGX around 19 December 2025, supporting its Mainboard transfer.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ever Glory United Completes Allotment of 2 Million New Shares Ahead of Mainboard Transfer

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

Ever Glory United Holdings Limited has completed the issue and allotment of 2,000,000 new shares under its public offer at an offering price of S$0.64 per share, with the new shares ranking pari passu with existing shares. As a result, the company’s issued share capital (excluding treasury shares) has increased from 379,067,257 to 381,067,257 shares, and the newly issued shares are expected to commence trading on the SGX on or about 19 December 2025, supporting its ongoing move from the Catalist Board to the Mainboard and enhancing its capital base for future growth.

More about Ever Glory United Holdings Limited

Ever Glory United Holdings Limited is a Singapore-incorporated company listed on the Singapore Exchange (SGX), previously on the Catalist Board and in the process of transferring to the Mainboard. The company has been undertaking a capital-raising exercise through a public offer of new shares as part of its broader listing transfer and capital management strategy.

Average Trading Volume: 269,659

Technical Sentiment Signal: Hold

Current Market Cap: S$262.6M

See more insights into ZKX stock on TipRanks’ Stock Analysis page.

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