Food Empire Holdings Limited (F03) said on Jan, 23 2026 that it sold 1 million treasury shares to a reputable institutional investor at 2.750 Singapore dollars each, raising about 2.75 million Singapore dollars in cash through a married deal.

Following the transaction, the group’s treasury share balance fell to 2.12 million from 3.12 million, cutting its treasury-share stake to 0.39% of issued ordinary shares from 0.57%. Proceeds will be used to enhance general working capital and shareholder value. The book value of the shares sold, based on weighted-average acquisition cost, was approximately 1.95 million Singapore dollars.