Food Empire Holdings Limited announced the sale of 1,000,000 treasury shares on Jan, 21 2026.
The shares were placed with a reputable international institutional investor at 2.635 Singapore dollars each, generating gross proceeds of roughly 2.64 million Singapore dollars. The transaction was executed via a married deal.
Following the sale, the company’s treasury share balance fell to 3,117,574 from 4,117,574, reducing its treasury‐share holding to 0.57 % of issued shares, down from 0.75 %.
The company said the disposal proceeds will be used to enhance general working capital and shareholder value.