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Ever Glory United Holdings Limited ( (SG:ZKX) ) just unveiled an announcement.
Ever Glory United Holdings Limited announced the allotment of 431,034 shares to Alan Tay Yeow Kee as part of a service agreement following its acquisition of Guthrie Engineering. Alan Tay, appointed as CEO of Guthrie Engineering, will hold a minor stake in the company, ensuring no change in controlling interest, and this move aligns with the company’s strategic growth and leadership reinforcement.
More about Ever Glory United Holdings Limited
Ever Glory United Holdings Limited, incorporated in Singapore, operates in the engineering sector with a focus on acquiring and managing engineering companies. Its primary services include engineering solutions and management, with a market focus on expanding its portfolio through strategic acquisitions.
Average Trading Volume: 24,329
Technical Sentiment Signal: Buy
Current Market Cap: S$199.4M
See more insights into ZKX stock on TipRanks’ Stock Analysis page.