GDS Global Limited Announces Striking-Off of Indirect Wholly-Owned Subsidiary, Gliderol International (ME) FZE

Key Highlights

• GDS Global Limited (“GDS” or the “Company”) has announced the striking-off of its indirect wholly-owned subsidiary, Gliderol International (ME) FZE (“GME”), effective from 10 September 2025.
• GME was a dormant entity, incorporated in the United Arab Emirates.
• The move is not expected to have any material impact on the Group’s net tangible assets per share or earnings per share for the financial year ended 30 September 2025.
• No director, controlling shareholder, or their associates has any direct or indirect interest in the striking-off, apart from their respective shareholdings in the Company.
• The announcement has been reviewed by the Company’s Sponsor, SAC Capital Private Limited, but not by the Singapore Exchange Securities Trading Limited (SGX-ST).

Detailed Analysis for Investors

On 21 November 2025, GDS Global Limited officially announced that its indirect wholly-owned subsidiary, Gliderol International (ME) FZE, has been struck off with effect from 10 September 2025. The subsidiary was incorporated in the United Arab Emirates and has been dormant for an unspecified period. As a result of this action, GME has ceased to be an indirect subsidiary of GDS Global Limited.

Implications for Shareholders

The Company has stated explicitly that the striking-off of GME is not expected to have any material impact on the Group’s net tangible assets per share or earnings per share for the financial year ended 30 September 2025. This means that, from a financial perspective, the removal of this dormant subsidiary is not anticipated to affect the Group’s overall performance or valuation metrics.

Furthermore, no directors, controlling shareholders, or their associates have any interest, whether direct or indirect, in this corporate action, other than through their existing shareholdings in the Company. This reduces the likelihood of any potential conflict of interest or governance issue arising from the transaction.

Potential Price Sensitivity

Given that GME was a dormant entity and the Company has indicated that the striking-off will not have a material impact on financials, this announcement is not considered price sensitive. There are no expected changes in the Group’s business operations, asset base, or earnings outlook as a result of this move.

Additional Details

• The announcement was made by Executive Director Lee Pei Fang on behalf of the Board.
• The Company’s Sponsor, SAC Capital Private Limited, has reviewed the announcement as per Catalist Rules. However, the SGX-ST has not examined or approved the contents and assumes no responsibility for them.
• The contact person for the Sponsor is Ms Audrey Mok, who is available at 1 Robinson Road, #21-01 AIA Tower, Singapore 048542, Tel: (65) 6232 3210.

Conclusion

For investors and shareholders, the striking-off of Gliderol International (ME) FZE is an administrative move to streamline the corporate structure by removing a dormant subsidiary. There are no anticipated financial consequences, and the Company’s core business and value remain unchanged by this transaction.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are advised to conduct their own research and consult with their financial advisors before making any investment decisions. The author and publisher assume no responsibility for any actions taken based on the information provided.

View GDS Global Historical chart here