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ISOTeam Ltd ( (SG:5WF) ) just unveiled an update.
ISOTeam Ltd has allotted and issued 1,084,000 new ordinary shares to selected employees under its 2023 Performance Share Plan following the vesting of share awards. With this issuance, the company’s total issued and paid-up share capital, excluding treasury shares, has increased from 793.4 million to 794.484 million ordinary shares, marginally diluting existing shareholders while reinforcing equity-based incentives for staff and aligning employee interests more closely with long-term shareholder value.
More about ISOTeam Ltd
ISOTeam Ltd is a Singapore-incorporated company that operates through a group structure, though this announcement does not specify its industry, product lines or market focus.
Average Trading Volume: 1,906,870
Technical Sentiment Signal: Hold
Current Market Cap: S$65.06M
For an in-depth examination of 5WF stock, go to TipRanks’ Overview page.