Ever Glory United issues 446,872 new shares tied to Fire-Guard acquisition
SGX Filings
Jun 10
Ever Glory United Holdings Limited announced on Jun, 10 2026 that it has allotted and issued a total of 446,872 FY2025 Tranche C Consideration Shares to the vendors of Fire-Guard Engineering Pte. Ltd. after the subsidiary exceeded net-profit-before-tax targets set in the sale and purchase agreement.
The issuance comprises 375,000 Tranche C shares for FY2025 and an additional 71,872 shares triggered by Fire-Guard’s outperformance in FP2023 and FY2025.
Following the allotment, Ever Glory United’s issued share capital has risen to 499,372,983 shares from 498,926,111 shares. The new shares are expected to begin trading on the Singapore Exchange at 9:00 a.m. on or around Jun, 12 2026.
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