Intraco Limited Secures Path to Majority Stake in SlideSG: Major Leap Into Fintech Payments

Key Points Investors Must Know

• Intraco Limited has announced a significant strategic move via an Exchangeable Loan Agreement, opening the door to acquiring up to 80% equity interest in SlideSG Pte. Ltd, a licensed major payment institution in Singapore.
• SlideSG holds a major payment institution license under Singapore’s Payment Services Act 2019, representing an immediate entry for Intraco into the fast-growing global payments and fintech sector.
• In parallel, SlideSG is acquiring iChange, a digital money exchange platform, which will expand its product offerings and enhance customer services.
• Intraco’s board confirms no conflicts of interest or related party transactions in these deals, assuring shareholders of transparency.
• The company warns investors and shareholders to exercise caution, as these developments are material and may affect the company’s share value.

Strategic Details and Implications

Intraco Limited has taken a decisive step to pivot into the global payment services landscape. By entering into an Exchangeable Loan Agreement with SlideSG and iAPPS, Intraco gains the option to exchange its loan into up to 80% ownership of SlideSG. This is not just a passive investment – SlideSG is already operational and fully licensed by the Monetary Authority of Singapore, putting Intraco at the heart of Singapore’s thriving fintech ecosystem.

This move aligns with Intraco’s stated strategy to create new revenue streams and enhance shareholder value. The opportunity to control a major payment institution gives Intraco immediate access to the rapidly expanding international payments market, potentially unlocking significant new business opportunities and revenue.

In addition, SlideSG is acquiring iChange from IBV, a digital platform focused on money exchange services. This acquisition enables SlideSG to further broaden its product suite and service offerings, leveraging iChange’s technology and customer base. The terms for both the Exchangeable Loan and the iChange acquisition have already been set out in previously disclosed term sheets and have now been formalized in binding agreements.

Shareholder Considerations and Price Sensitivity

• Potential for Share Price Movement: The entry into the high-growth fintech and payments sector is material and may be price sensitive. Investors should monitor further updates and consider the possible impact on Intraco’s valuation.
• No Director or Major Shareholder Conflicts: The board affirms that no directors or controlling shareholders have any direct or indirect interests in these transactions, apart from their existing shareholdings in Intraco, ensuring the integrity of the deals.
• Caution Advised: The company urges shareholders and potential investors to exercise caution when trading Intraco shares, as these transactions represent significant changes in the company’s strategic direction.
• Ongoing Updates: Intraco will issue further announcements as developments progress, and investors should remain attentive to these communications for the latest information.

Conclusion: Major Strategic Shift With Significant Upside Potential

Intraco Limited’s agreement to secure up to 80% of SlideSG, coupled with the acquisition of iChange’s digital platform, marks a major strategic transformation. This positions Intraco in the lucrative payments and fintech industry, potentially opening new revenue streams and business verticals. The scale of the investments, regulatory approvals, and integration of new technology platforms will be closely watched by the market. Investors are urged to stay informed and consult financial advisors as the situation evolves.

Disclaimer: This article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Investors should conduct their own research and consult professional advisors before making investment decisions. The information is based on company disclosures as of 24 October 2025 and is subject to change.

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