Semiconductor and electronics test company AEM (SGX:AWX) issued and allotted 573,655 shares to its employees pursuant to the vesting of share awards granted under the restricted share option plan, according to a filing with the Singapore Exchange on Tuesday.
Shares of the company were up over 4% in Wednesday trading.
The new shares are expected to be listed and quoted on June 4.
Following the issuance, the total number of issued and paid-up share capital stands at 319.5 million shares.
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