SGX:F03Food
Is Food Empire (SGX:F03) Using Treasury Share Placements To Quietly Redraw Its Capital Playbook?
Food Empire Holdings Limited recently sold 1,000,000 treasury shares to a reputable international institutional investor, raising about S$1.95 million in cash for general working capital and reducing its treasury share balance.
This placement brings a new institutional holder onto the register and slightly increases the free float, which can broaden market participation in the stock.
We will now explore how the entry of a reputable institutional investor shapes Food Empire Holdings’...