NutryFarm International Limited: Eighth Extension of Judicial Management Order – Key Update for Investors

Overview

NutryFarm International Limited (the Company), currently under judicial management since June 2022, has received a crucial update regarding its ongoing judicial management process. The High Court of Singapore has granted an eighth extension to the judicial management order, extending the term of the Judicial Manager and the protection period for the Company.

Key Points for Investors

• Judicial Management Order Extended: The High Court of Singapore has extended the validity of the judicial management order for NutryFarm International Limited by an additional three (3) months, now lasting up to and including 2 February 2026.
• Continuity of Judicial Manager: The term of the current Judicial Manager, Ellyn Tan Huixian, has been extended in accordance with the new order.
• Costs and Expenses: The costs incurred for this extension application will be treated as expenses of the judicial management and paid out of the assets of the Company.
• Ongoing Suspension of Trading: Trading in NutryFarm’s securities on the SGX-ST remains voluntarily suspended since 11 April 2022.
• Further Updates Promised: The Judicial Manager has stated that any new material developments will be communicated to shareholders through SGXNET.

Details and Context

NutryFarm International Limited has been under judicial management since 28 June 2022, following an order by the High Court of Singapore. Since then, the Company has required multiple extensions to the judicial management order, with this being the eighth such extension. Each extension is designed to allow the Judicial Manager additional time to manage the affairs, business, and property of the Company and to attempt to find solutions for stakeholders, including creditors and shareholders.

The latest extension was granted at a hearing held on 29 October 2025, and the Court’s order stipulates that the current arrangement will last until 2 February 2026. The Court also allowed for the time for service of the application to be abridged, if necessary, indicating a willingness to expedite procedures. Costs incurred in this process will be borne by the Company’s assets.

The Company’s shares remain suspended from trading, which means shareholders are unable to buy or sell shares on the SGX-ST. This ongoing suspension, coupled with the repeated extensions of judicial management, underscores the Company’s continuing financial and operational distress.

Potential Price-Sensitive Implications

• Prolonged Judicial Management: The extended timeline may impact the Company’s ability to return to normal operations and resume trading in its securities, potentially affecting investor confidence and share value once trading resumes.
• Asset Depletion: Since costs associated with the judicial management process are paid out of Company assets, there is a potential impact on asset value and recovery prospects for shareholders.
• Uncertainty on Resolution: The repeated need for extensions suggests that a final resolution—whether through restructuring, sale of assets, or liquidation—remains uncertain, which is a crucial risk factor for investors.

Important Note for Shareholders

Shareholders should closely monitor future announcements from the Judicial Manager, as any material developments in the judicial management process could significantly affect the Company’s recovery prospects and share value. The fact that trading remains suspended means that liquidity and valuation are currently not available to investors.

Disclaimer

The information provided in this article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with professional advisors before making any investment decisions. The judicial management process involves significant risks and uncertainties which may materially affect the recovery prospects and value of NutryFarm International Limited’s securities.

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