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ISOTEAM LTD. — Capital/Financing Update 2025
Sep 23, 2025
67832_rns_2025-09-23_2f2077f2-33c5-411a-a624-54fd9045b6d8.pdf
Capital/Financing Update
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ISOTEAM LTD.
(Incorporated in the Republic of Singapore)
(Company Registration Number 201230294M)
PROPOSED PLACEMENT OF UP TO 86,158,138 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT A SHARE PLACEMENT PRICE OF S$0.08126 PER PLACEMENT SHARE (THE “PROPOSED SHARE PLACEMENT”) - COMPLETION
All capitalised terms used herein shall unless otherwise defined, have the meanings ascribed to them in the Company’s announcement dated 11 September 2025 and 18 September 2025 in relation to the Proposed Share Placement (as defined therein) (the “ Previous Announcements ”).
1. INTRODUCTION
The Board of Directors (the “ Board ”) of ISOTeam Ltd. (the “ Company ”, and together with its subsidiaries, the “ Group ”) refers to the Previous Announcements in connection with the Proposed Share Placement.
2. COMPLETION
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2.1 Following the receipt of the LQN, the Company has completed the Proposed Share Placement on 23 September 2025 and an aggregate of 86,158,138 Placement Shares have been allotted and issued to the respective subscribers in accordance with the Share Placement Agreement (“ Completion ”).
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2.2 After the Completion, the total number of issued Shares (excluding treasury shares) has increased from 707,241,862 Shares to 793,400,000 Shares. The Placement Shares represent approximately 10.86% (rounded to two decimal places) of the enlarged issued share capital of the Company (excluding treasury shares).
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2.3 The Placement Shares were allotted and issued free from all claims, mortgages, charges, liens and other encumbrances whatsoever, and rank pari passu in all respects with and carry all rights similar to, the existing issued Shares, save that the Placement Shares will not be entitled to any dividends, rights, allotments and/or other distributions, the record date of which is on or before the date of such Placement Shares.
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2.4 The 86,158,138 Placement Shares are expected to be listed and quoted on the Catalist on or around 24 September 2025 and trading of the 86,158,138 Placement Shares is expected to commence with effect from 9.00 a.m. on the same date.
3. CAUTIONARY STATEMENT
Shareholders and potential investors of the Company are advised to read this announcement and any further announcements made by the Company carefully and to exercise caution when trading in or dealing in the securities of the Company. Persons who are in doubt as to the action
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they should consult their stockbrokers, bank managers, solicitors or other professional advisers immediately.
ORDER OF THE BOARD ISOTEAM LTD.
Anthony Koh Thong Huat Executive Director and Chief Executive Officer 23 September 2025
This announcement has been prepared by the Company and its contents have been reviewed by the Company’s Sponsor, Hong Leong Finance Limited. It has not been examined or approved by the Exchange and the Exchange 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 Kaeson Chui, Vice President, at 16 Raffles Quay, #01-05 Hong Leong Building, Singapore 048581, Telephone (65) 6415 9886.
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