IPS Securex Holdings (SG:42N) has released an update.
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IPS Securex Holdings Limited has received approval for the listing and quotation of new ordinary shares through its Performance Share Plan and Employee Share Option Scheme. These initiatives allow for the issuance of shares not exceeding 15% of the total issued shares, excluding treasury shares. This development provides potential for increased shareholder value and enhanced employee incentives.
For further insights into SG:42N stock, check out TipRanks’ Stock Analysis page.