Beverly Wilshire Ltd. Announces Completion of Strategic Share Issuances and Debt Capitalisation

Key Points for Investors

• Completion of Four Major Share Issuances to strategic investors and a key management member.
• Increase in Share Capital: Total shares outstanding have jumped from 922,711,102 to 965,432,421.
• Shares to be Listed: Newly issued shares will be listed and quoted on SGX Catalist starting 19 November 2025 at 9:00 a.m.
• Debt Capitalisation: Outstanding remuneration to a director has been converted into equity.
• Caution for Shareholders: Management advises caution in trading due to potential impact on share price.

Detailed Breakdown of Share Issuances

1. Subscription Share Issuance to Khoo Poh Chye

• Date of Completion: 18 November 2025
• Shares Issued: 20,000,000 shares
• Issue Price: S\$0.010 per share
• Terms: Shares are fully paid, free from encumbrances, and rank pari passu with existing shares. These shares do not qualify for dividends or distributions declared before their issue date.

2. Subscription Share Issuance to Tan Chin Hong

• Date of Completion: 18 November 2025
• Shares Issued: 9,174,311 shares
• Issue Price: S\$0.0109 per share
• Terms: Shares are fully paid, free from encumbrances, and rank pari passu with existing shares. These shares do not qualify for dividends or distributions declared before their issue date.

3. Debt Capitalisation: Issuance to Cheah Sin Hing

• Date of Completion: 18 November 2025
• Shares Issued: 5,000,000 shares
• Issue Price: S\$0.0120 per share
• Debt Converted: S\$60,000 of outstanding remuneration
• Terms: Shares are fully paid, free from encumbrances, and rank pari passu with existing shares. No entitlement to past dividends or distributions.

4. Subscription Share Issuance to Mageswari Rajoo

• Date of Completion: 18 November 2025
• Shares Issued: 8,547,008 shares
• Issue Price: S\$0.0117 per share
• Terms: Shares are fully paid, free from encumbrances, and rank pari passu with existing shares. No entitlement to past dividends or distributions.

Impact on Share Structure and Trading

Following these transactions, Beverly Wilshire Ltd.’s total issued shares have increased significantly, which may have dilution effects for existing shareholders and potentially impact the share price. The new shares are scheduled to begin trading on the SGX Catalist from 9:00 a.m. on 19 November 2025.

Management has issued a cautionary statement urging shareholders and potential investors to exercise care when trading the Company’s shares in light of these developments. This is due to the potentially price-sensitive nature of the enlarged share capital and the entry of new strategic investors. Future announcements may follow, and investors are advised to keep abreast of further updates from the Company.

The strategic placements and conversion of debt into equity may signal confidence from insiders and new investors, but could also introduce volatility as the market digests the news and the implications of share dilution. The Company’s move to convert remuneration into shares may also be interpreted as a measure to preserve cash and align management interests with shareholders.

Contact Information

For further queries, the sponsor for Beverly Wilshire Ltd. is Evolve Capital Advisory Private Limited. Contact: Mr. Jerry Chua, Tel: (65) 6241 6626, 160 Robinson Road, #20-01/02, SBF Center, Singapore 068914.

Disclaimer

This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell securities. Investors should consult their financial advisors before making any investment decisions. The information herein is based on the official announcement from Beverly Wilshire Ltd. as of 18 November 2025 and may be subject to further updates or changes.

View B Wilshire Ltd Historical chart here