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KIMLY LIMITED — Capital/Financing Update 2025
Sep 25, 2025
67120_rns_2025-09-25_aeee5bea-a387-4254-8422-ee4000f68936.pdf
Capital/Financing Update
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KIMLY LIMITED
(Incorporated in Singapore)
(Company Registration No. 201613903R)
COMPLETION OF ACQUISITION OF COFFEE SHOP PROPERTY AT 110 YISHUN RING ROAD #01-401 SINGAPORE 760110
Unless otherwise defined or specified in this announcement, all terms and references used herein shall have the same meanings as set out in the Company’s announcement dated 22 May 2025 (the " Previous Announcement ").
The Board of Directors (" Board ") of Kimly Limited (" Company " and together with its subsidiaries, " Group ") refers to the Previous Announcement in relation to the acquisition of the coffee shop property at 110 Yishun Ring Road #01-401 Singapore 760110. The Board is pleased to announce that the Proposed Acquisition was completed on 25 September 2025. The balance 90% of the Purchase Consideration, amounting to S$9.9 million, was settled in cash using the Company’s internal resources (“ Revised Financing Arrangement ”).
The Company wishes to clarify that the Revised Financing Arrangement supersedes the financing structure disclosed in the Previous Announcement, which stated that the Purchase Consideration would be satisfied by way of cash, comprising S$5.0 million through external financing and the balance with the Company’s internal resources.
By Order of the Board
Hoon Chi Tern
Company Secretary 25 September 2025
This announcement has been reviewed by the Company’s sponsor, PrimePartners Corporate Finance 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 Ms. Ng Shi Qing, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, [email protected].
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