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ATTIKA GROUP LTD. — Capital/Financing Update 2025
Dec 19, 2025
67595_rns_2025-12-19_902c390d-875c-4aa6-aa5d-575eabf5940b.pdf
Capital/Financing Update
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ATTIKA GROUP LTD.
(Incorporated in the Republic of Singapore)
(Company Registration Number: 202432308C)
UPDATE ON THE USE OF IPO NET PROCEEDS
The Board of Directors (the “ Board ”) of Attika Group Ltd. (the “ Company ” and together with its subsidiaries, the “ Group ”) refers to the Company’s announcement dated 12 August 2025 (the “ Announcement ”) and would like to provide an update on the utilisation of net proceeds from the IPO exercise.
Unless otherwise defined, all capitalised terms used in this announcement shall bear the same meanings ascribed to them in the Announcement.
The status on the utilisation of the IPO net proceeds is as follows:
| Balance brought forward from 12 August 2025 |
Amount utiltised as at the date of this announcement |
Balance as at the date of this announcement |
|
|---|---|---|---|
| S$’000 | S$’000 | S$’000 | |
| Acquisition of new equipment, plant and other machinery |
100 | - | 100 |
| General working capital | 256 | 78(1) | 178 |
| Property business | 1,864 | 1,258 | 606 |
| **Total ** | 2,220 | 1,336 | **884 ** |
Note:
(1) The amount utilised for general working capital purposes as at the date of this announcement were mainly for professional fees and directors’ fees.
The utilisation of the IPO net proceeds is in line with the intended use as set out in the circular dated 11 April 2025.
By Order of the Board
Tan Buan Joo Managing Director and Executive Chairman 19 December 2025
This announcement has been reviewed by the Company's sponsor, RHB Bank Berhad (the " Sponsor ") in accordance with Rule 226(2)(b) of the Catalist Rules. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Mr Alvin Soh, Head, Corporate Finance, RHB Bank Berhad, at 90 Cecil Street, #03-00 RHB Bank Building, Singapore 069531, Telephone: +65 6320 0627.