tiprankstipranks
Trending News
More News >

Ever Glory United Issues Tranche C Shares Post Acquisition

Story Highlights

Confident Investing Starts Here:

Ever Glory United Holdings Limited ( (SG:ZKX) ) has provided an announcement.

Ever Glory United Holdings Limited announced the allotment and issuance of FY2024 Tranche C Consideration Shares related to the acquisition of Fire-Guard Engineering Pte. Ltd. The NPBT for FY2024 was approximately S$0.99 million, leading to a proportional reduction in the cash and shares consideration. Consequently, 296,724 shares were issued, increasing the total issued shares to 348,513,123. These shares are expected to be listed and traded on the Singapore Exchange on April 24, 2025.

More about Ever Glory United Holdings Limited

Ever Glory United Holdings Limited is a company incorporated in Singapore and listed on the Catalist of the Singapore Exchange Securities Trading Limited. The company was initially listed on May 18, 2023, with its public offering sponsored by Novus Corporate Finance Pte. Ltd.

YTD Price Performance: 45.55%

Average Trading Volume: 82,704

Technical Sentiment Signal: Sell

Current Market Cap: S$147.3M

For an in-depth examination of ZKX stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App