Tritech Group Completes S\$1.05 Million Share Placement, Expanding Capital Base by 8.5%

What Retail Investors Need to Know About the 100 Million Share Placement

Key Highlights

• Completion of Major Share Placement: Tritech Group Limited has successfully completed the issuance and allotment of 100,000,000 new ordinary shares at S\$0.0105 per share, raising approximately S\$1.05 million in gross proceeds.
• Significant Increase in Share Capital: The company’s total issued shares (excluding treasury shares) have increased from 1,181,534,398 to 1,281,534,398, representing an 8.5% expansion in share capital.
• Listing Date: The newly issued shares are expected to be listed and quoted on the Catalist board of the Singapore Exchange (SGX-ST) on or around 15 August 2025.
• Dividend and Rights Caveat: The new Placement Shares will not rank for any dividends, rights, allotments or other distributions whose record date is on or before the date of allotment and issue. After that, they carry full rights similar to existing shares.

Details for Retail Shareholders

The Board of Directors of Tritech Group Limited announced on 13 August 2025 that it has completed a significant capital raising exercise. This involved the successful placement of 100 million new shares at S\$0.0105 each to select investors (the “Placees”) pursuant to Placement Agreements.

This fresh capital injection increases the company’s total outstanding shares by more than 8%. Following the placement, the share count moves from 1,181,534,398 to 1,281,534,398. This move could have important implications for existing shareholders:

• Dilution Effect: Existing shareholders will experience dilution, as the overall number of shares has increased. Each existing share now represents a slightly smaller portion of the company.
• Potential Share Price Impact: Because the shares were issued at S\$0.0105—a price that may be at a discount or premium to the prevailing market rate—this could influence short-term trading sentiment and share price volatility.
• Capital Raised for Growth or Working Capital: The new funds (about S\$1.05 million) could be used for working capital, debt repayment, or business expansion, depending on management’s plans. However, the specific intended use of proceeds was not detailed in this announcement, which investors may wish to monitor for future updates.
• Parity of Rights: The new shares are pari passu—meaning they carry the same rights as existing shares—except for entitlements (such as dividends or rights issues) where the record date falls before the allotment. After that, holders of these shares will enjoy full participation in future corporate actions.

Important Dates and Next Steps

• Listing Date: The Placement Shares are expected to begin trading on the SGX Catalist board on or around 15 August 2025.
• Corporate Oversight: The announcement has been reviewed by UOB Kay Hian Private Limited, the company’s sponsor, but not by the SGX-ST, which assumes no responsibility for its content.

What This Means for Investors

This Placement is a material event that could move the share price in the near term. The influx of new shares and capital could provide the Group with added financial flexibility, but also results in dilution for current shareholders. Investors should watch for further updates on how the proceeds will be used, and monitor price movement around the new shares’ listing date.

For those holding or considering buying Tritech shares, it will be crucial to assess how this expanded capital base is deployed, and whether the company can generate returns that offset the dilution.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors should do their own due diligence and consult with their financial advisors before making any investment decisions.

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