Reclaims Global Ltd. Receives SGX-ST Approval for Upsized S\$7.8 Million Share Placement: What Investors Need to Know

Key Points from the Announcement

• Reclaims Global Ltd. has received approval from the Singapore Exchange Securities Trading Limited (SGX-ST) for the listing and quotation of up to 20,000,000 new ordinary shares under an Upsized Placement.
• The placement price is set at S\$0.39 per share, amounting to potential gross proceeds of S\$7.8 million if fully placed.
• This move follows the company’s earlier announcements regarding the placement agreement with SAC Capital Private Limited and a subsequent addendum.
• The approval is subject to compliance with SGX-ST’s listing requirements, and the Listing and Quotation Notice (LQN) does not constitute an endorsement of the company or the merits of the placement.

What Shareholders and Investors Should Note

• POTENTIAL SHARE PRICE IMPACT: The injection of up to 20 million new shares could have a dilutive effect on existing shareholders. This may impact earnings per share and, depending on demand, could affect market price dynamics.
• FUNDRAISING AND USE OF PROCEEDS: While the announcement did not specify the use of proceeds, such placements typically aim to strengthen the company’s balance sheet, support expansion plans, or address working capital needs. Investors should watch for further updates regarding capital deployment.
• SGX-ST APPROVAL IS CONDITIONAL: The listing is subject to compliance with all SGX-ST requirements. Any failure to meet these could delay or impact the placement.
• ONGOING DISCLOSURES: The company has committed to keeping shareholders informed of any material developments relating to the Upsized Placement. Investors should monitor for further announcements which may contain details relevant to valuation and strategy.
• CAUTIONARY NOTE: The company urges shareholders and potential investors to exercise caution and seek professional financial advice if in doubt. The announcement itself is not a recommendation to buy or sell shares.

Strategic and Market Implications

This Upsized Placement positions Reclaims Global Ltd. to potentially raise substantial capital, which could be a catalyst for future growth initiatives or operational improvements. However, the potential dilution and uncertainty regarding the deployment of funds remain key considerations for investors. The market may react to both the increased float and any subsequent disclosures regarding the company’s strategic direction.

Company and Sponsor Statements

• The announcement was issued by Tan Kok Huat, Executive Director and CEO of Reclaims Global Ltd., on 24 October 2025.
• The announcement has been reviewed by SAC Capital Private Limited, the company’s sponsor, but not by SGX-ST, which assumes no responsibility for its contents.
• Contact for further information is Ms Audrey Mok at SAC Capital Private Limited.

Investor Action Points

• Be alert for further company announcements regarding the Upsized Placement, especially details about capital deployment or additional material developments.
• Consider the potential dilution and monitor share price activity closely as the placement progresses.
• Consult with financial advisors if uncertain about the implications of the placement for your investment strategy.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with their financial advisors before making any investment decisions related to Reclaims Global Ltd. The information herein is based on company announcements and is subject to updates and further disclosures.

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