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TRITECH GROUP LIMITED — Capital/Financing Update 2026
Jan 8, 2026
67719_rns_2026-01-08_bda64326-0e79-45dd-8bcd-c685b0aa1691.pdf
Capital/Financing Update
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TRITECH GROUP LIMITED
(Company Registration No. 200809330R)
(Incorporated in the Republic of Singapore)
UPDATE ANNOUNCEMENT - PROPOSED CONVERSIONS OF OUTSTANDING AMOUNTS OWED BY THE COMPANY INTO NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY
The board of directors (the “ Board ” or “ Directors ”) of Tritech Group Limited (the “ Company ” and together with its subsidiaries, the “ Group ”) refers to the Company’s announcement dated 8 January 2026 (the “ Announcement ”).
Unless otherwise defined, capitalised terms used in this announcement shall have the same meaning given to them in the Announcement.
The Company would like to provide an update on its consultation with the Singapore Exchange Securities Trading Limited (“ SGX-ST ”) on the appropriate benchmark for the IPT calculation, which may be based on the market capitalisation of the Company. As previously disclosed in the Announcement, the Group’s latest audited NTA as at 31 March 2025 is negative and accordingly, the Company is of the view that it is not meaningful to adopt the NTA as the basis to compute the materiality thresholds in relation to Rules 905(1), 905(2) and 906(1) of the Catalist Rules.
SGX-ST has informed the Company that it may use the average of its daily market capitalisation of the last month of the immediately preceding financial year, which will be computed based on the total number of issued shares (excluding treasury shares) multiplied by the volume weighted average price for each trading day in that month, as an alternative reference point to determine materiality thresholds under Rules 905 and 906 of the Catalist Rules, for such period that the Group's net tangible assets remains negative.
The Proposed Debt Conversions are subject to the approval of shareholders of the Company at an extraordinary general meeting of the Company to be convened. A circular containing details of, inter alia, the Proposed Debt Conversions will be issued by the Company in due course.
By Order of the Board
Dr Wang Xiaoning (Jeffrey Wang) Managing Director
22 January 2026
This announcement has been reviewed by the Company’s sponsor, UOB Kay Hian Private Limited (the “ Sponsor ”). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (“ 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. Lance Tan, Senior Vice President, at 83 Clemenceau Avenue #10-01 UE Square, Singapore 239920, telephone (65) 6590 6881.
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