Hatten Land Limited: Provisional Liquidation of Key Subsidiary Signals Major Corporate Developments

Key Developments Investors Must Note

• Hatten MS Pte Ltd, a wholly owned subsidiary of Hatten Land Limited, has entered provisional liquidation after directors declared the company unable to continue its business due to its mounting liabilities.
• On 6 November 2025, the directors of Hatten MS executed a statutory declaration of insolvency and resolved to appoint Messrs Tan Wei Cheong and Lim Loo Khoon of Deloitte Singapore SR&T Restructuring Services Pte Ltd as Joint and Several Provisional Liquidators.
• An Extraordinary General Meeting (EGM) for Hatten MS is scheduled on 3 December 2025 at 9:30am to confirm the appointment of the liquidators in accordance with Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.
• A Meeting of Creditors for Hatten MS will follow on the same day at 10:00am, during which a Statement of Affairs will be presented and the appointment of the liquidators will be confirmed pursuant to Section 166 of the Act.

Implications for Shareholders and Potential Share Price Impact

• Trading in Hatten Land Limited shares has been suspended since 6 August 2024. This ongoing suspension is crucial information for current and potential investors.
• The appointment of provisional liquidators and the insolvency of a wholly owned subsidiary are significant events. These developments may have a substantial impact on the group’s financial position, asset values, and ultimately, the future prospects of Hatten Land Limited.
• Shareholders are strongly advised to follow all company announcements closely, as further updates on material developments will be provided as appropriate.
• The company cautions shareholders and investors to consult their stockbrokers, bank managers, solicitors, or other professional advisors if in doubt about actions to take or how to deal in shares of the Company.
• Given the insolvency proceedings of a major subsidiary and the ongoing suspension of trading, these are price-sensitive events that could materially affect the valuation of Hatten Land Limited if and when trading resumes.

Corporate Governance & Regulatory Notes

• The announcement has been reviewed by the company’s sponsor, RHT Capital Pte. Ltd., but has not been examined or approved by the Singapore Exchange Securities Trading Limited (SGX-ST), which assumes no responsibility for its contents.
• For further queries, the contact person for the sponsor is Mr. Josh Tan, reachable at [email protected].

Summary

The provisional liquidation of Hatten MS Pte Ltd marks a significant development for Hatten Land Limited and its stakeholders. The insolvency of a wholly owned subsidiary, the appointment of professional liquidators, and the upcoming creditor and shareholder meetings are all events that could have a substantial impact on the company’s financial health and future operations. Investors should remain vigilant and await further updates from the company’s judicial managers.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Shareholders and investors are strongly encouraged to seek independent professional advice before making any investment decisions related to Hatten Land Limited.

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