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H2G GREEN LIMITED — M&A Activity 2025
Jul 29, 2025
67670_rns_2025-07-29_b2bedbb6-1085-4ec4-bfa7-ef33b2923fad.pdf
M&A Activity
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Company Registration No. 199806046G)
(Incorporated in the Republic of Singapore)
This announcement has been reviewed by the Company’s sponsor, RHT Capital Pte. Ltd. (the “ Sponsor ”). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “ Exchange ”) and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.
The contact person for the Sponsor is Mr. Joseph Au at 36 Robinson Road, #10-06 City House, Singapore 068877, Email: [email protected].
UPDATE IN RELATION TO PROPOSED ACQUISITION OF SHARES IN THE CAPITAL OF T T J GREENFUEL PTE. LTD.
Unless otherwise defined or the context otherwise requires, all capitalised terms used herein bear the same meanings as in the Announcements (as defined below).
The Board of Directors (“ Board ”) of H2G Green Limited (the “ Company ”, together with its subsidiaries, collectively the “ Group ”) refers to the Company’s announcements dated 16 August 2023, 25 April 2024, 7 August 2024, 25 September 2024, 26 February 2025, 29 May 2025 and 27 June 2025, and the Company’s circular to shareholders dated 10 April 2024 (collectively, the “ Announcements ”), relating to, inter alia , the proposed acquisition of 100% of the issued and paid-up shares in the capital of T T J Greenfuel Pte. Ltd. by Green Energy Investment Holding Private Limited (“ GEIH ”), a 50.10%-owned subsidiary of the Company (on a fully diluted and as-converted basis), pursuant to a sale and purchase agreement dated 15 August 2023 between GEIH and T T J Holdings Limited (the “ Vendor ”, and collectively, the “ Parties ”) as amended by the supplemental agreements dated 7 August 2024, 26 February 2025, 29 May 2025 and 27 June 2025 respectively (collectively, the “ SPA ”) (the “ Proposed Acquisition ”).
The Board wishes to inform that the Parties have, by way of a fifth supplemental agreement dated 29 July 2025, mutually agreed to further extend the long-stop date for the satisfaction (or otherwise waiver) of conditions precedent under the SPA from 31 July 2025 to 30 September 2025, subject to any further extension agreed between the Parties in writing.
Save for the above, all other terms and conditions of the SPA remain unchanged.
The Company will keep shareholders updated on any material developments in relation to the Proposed Acquisition by way of announcements as and when appropriate.
By Order of the Board
Mak Yen-Chen Andrew Non-Executive Chairman, Independent Director 29 July 2025