Thakral Corporation says 4.21 million Singapore dollars from treasury share sale fully deployed
SGX Filings
Apr 18
Thakral Corporation announced on Apr, 18 2026 that it has fully utilised the approximately 4.21 million Singapore dollars net proceeds raised from the sale of treasury shares disclosed on Apr, 08 2026.
The company said the funds were applied as working capital in its Lifestyle Division, specifically for trust receipt settlements to free up credit limits for purchasing goods.
Thakral Corporation added that this use of proceeds is in line with the plan outlined in its earlier announcement regarding the treasury share sale.
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