Food Empire Holdings Limited announced the transfer of 120,000 treasury shares from its Share Buyback Account on May, 28 2026 to meet obligations under its Employees’ Share Option Schemes.
Following the transfer, the company’s treasury share balance fell to 693,074 from 813,074, reducing its proportion of outstanding ordinary shares to 0.126% from 0.148%.
The shares transferred carry an aggregate value of about 0.35 million Singapore dollars, based on the weighted-average cost of the treasury shares on hand.