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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Robinhood beats profit estimates on interest income strength
Prudential shutters Hong Kong wealth unit Pulse
Singapore has to be realistic on global trends plaguing its stock market: DPM Wong
Google DeepMind unveils next generation of drug discovery AI model
AEM Holdings Q1 net profit tumbles 85% to S$2.4 million
World’s biggest tea buyer Lipton’s sale of last farms is a strategy shift