Food Empire sells 1 million treasury shares for 2.75 million Singapore dollars
SGX Filings
Jan 23
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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.