Food Empire Holdings Transfers Shares for Employee Scheme

Food Empire Holdings Limited (SG:F03) has released an update.

Food Empire Holdings Limited has announced the transfer of 60,000 treasury shares from its Share Buyback Account to facilitate its Employees’ Share Option Schemes. Prior to the transfer, the company held 19,543,200 treasury shares, which represented 3.683% of its total outstanding ordinary shares. After the transfer, the number of treasury shares held decreased to 19,483,200, valuing the transferred shares at S$49,805.50.

For further insights into SG:F03 stock, check out TipRanks’ Stock Analysis page.