Chew's Group controlling shareholder in talks over possible share transaction

CATALIST-LISTED Chew's Group on Tuesday announced that the controlling shareholder of the company is in discussions with third parties involving a possible transaction of shares in the company.

The producer of fresh eggs in Singapore said: "To date, no definitive agreements have been entered into between the parties and shareholders should note that there is no certainty that any transaction may be consummated in connection with the approach and/or an offer being made."

Chew's said that it will inform shareholders should there be any material developments on the matter.

Its shares finished unchanged at S$0.52 on Tuesday.