Ever Glory United Holdings Allots Shares to New CEO Alan Tay
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Ever Glory United Holdings Limited has announced the allotment of 431,034 shares to Alan Tay Yeow Kee, the new CEO of Guthrie Engineering, as part of a service agreement following the acquisition of the company. This move is intended to reinforce leadership and align with the company's strategic growth, while ensuring no change in controlling interest. Ever Glory operates in the engineering sector, focusing on acquiring and managing engineering companies, with a current market cap of S$199.4M.
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