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Dyna-Mac Issues First Tranche of Shares Upon Vesting of Share Awards

MT Newswires ·  {{timeTz}}

01:27 AM EDT, 08/09/2022 (MT Newswires) -- Dyna-Mac Holdings (SGX:NO4) issued 562,500 ordinary shares upon vesting of the first tranche of the contingent awards of ordinary shares under the company's share award scheme 2021.

The issued shares will be listed in Singapore on Aug. 11, according to a late Monday filing.

Following the issue of the shares, the number of issued shares of the company increased to 1,030,214,500 from 1,029,652,000.

Last month, the engineering, procurement and construction services provider granted 1,717,500 contingent awards of ordinary shares to be vested in three equal tranches over the span of three years.

Price (SGD): S$0.22, Change: S$0.00, Percent Change: -2.22%

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