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Fu Yu Corp Restructures Shareholding Amid Board Changes

Fu Yu Corp Restructures Shareholding Amid Board Changes

Fu Yu Corporation Limited (SG:F13) has released an update.

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Fu Yu Corporation Limited has announced a shift in its substantial shareholder structure as Mr. Victor Lim assumes a 29.45% shareholding following the winding down of Pilgrim Capital VCC – Global Manufacturing Fund. This transition reflects a transfer of shares without impacting the company’s operations or strategic goals. Additionally, Mr. Lim has applied to join Fu Yu’s Board, a move currently under consideration.

For further insights into SG:F13 stock, check out TipRanks’ Stock Analysis page.

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