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Shareholders vote overwhelmingly in favour of Ever Glory’s transfer to Mainboard; trading to commence Dec 29

Nicole Lim
Nicole Lim • 1 min read
Shareholders vote overwhelmingly in favour of Ever Glory’s transfer to Mainboard; trading to commence Dec 29
Ever Glory United CEO Xu Ruibing. Photo: Albert Chua/The Edge Singapore
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Nearly all of Ever Glory United Holdings’ shareholders have voted in favour of the proposed transfer of listing of the company to the Mainboard of the SGX-ST.

The company received 99.79% of votes, and will transfer its listing to the Mainboard on Dec 29.

Ever Glory also received 97.5% of votes in favour of the proposed adoption of the new share issue mandate, with 2.5% votes against.

Trading of the company’s shares on the Mainboard will commence at 9am on Dec 29.

Shares in Ever Glory closed 1 cent higher or 1.389% up at 73 cents on Dec 22.

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