Frencken Group Issues Allots Shares Under Employees' Share Option Scheme

MT Newswires

01/19

Frencken Group (SGX:E28) issued and allotted 677,000 shares at SG$0.432 per share, pursuant to the exercise of options under its employees' share option scheme, according to Monday filing with the Singapore Exchange.

The new shares were listed and quoted on Jan. 16.

Following the allotment and issuance of the new shares, the company's share capital has increased to 427.8 million shares.

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