H2G Green Limited Issues Update on Acquisition of T T J Greenfuel Pte. Ltd.

Key Points from the Board Announcement

• Acquisition Overview: H2G Green Limited, through its 50.10%-owned subsidiary Green Energy Investment Holding Private Limited (“GEIH”), is pursuing the acquisition of 100% of the shares in T T J Greenfuel Pte. Ltd.
• SPA Timeline Extensions: The Sale and Purchase Agreement (“SPA”) for this acquisition has undergone multiple amendments, including the latest (eighth) supplemental agreement dated 26 November 2025.
• Long-Stop Date Extension: The long-stop date for satisfying or waiving conditions precedent under the SPA has been extended from 30 November 2025 to 31 December 2025. This extension remains subject to further mutual agreement in writing.
• Completion Date Set: The completion date for the transaction will be no later than the extended long-stop date (31 December 2025), or within 14 days of receiving approval from JTC (Jurong Town Corporation), whichever is earlier.
• Unchanged SPA Terms: Other than the above extensions, all other terms and conditions of the SPA remain unchanged.
• Ongoing Communications: H2G Green Limited has committed to updating shareholders on any significant developments related to the Proposed Acquisition via official announcements.

Important Considerations for Shareholders

• Potential Impact on Share Price: The extension of the long-stop date and the reaffirmation of the transaction timeline may be viewed positively, as it demonstrates continued commitment from both parties to complete the acquisition. However, delays in closing such strategic deals may also introduce uncertainty and could impact investor sentiment.
• Transaction Certainty: The fact that completion is now tied to the extended long-stop date or the receipt of JTC Approval (within 14 days) is highly relevant. Regulatory approval is a key milestone for the deal, and any unexpected changes could have material implications for the transaction outcome and, subsequently, the company’s share price.
• Material Developments: Shareholders should remain vigilant for further updates, as any change in the status of the acquisition, additional extensions, or issues with regulatory approvals could be price sensitive and affect share values.
• Strategic Importance: This acquisition is central to H2G Green Limited’s growth strategy and future business prospects. Full ownership of T T J Greenfuel Pte. Ltd. could enhance the Group’s capabilities and market position in the green energy sector.

Summary of Events Leading Up to the Update

The acquisition process has been extensively documented, with previous announcements dated 16 August 2023, 25 April 2024, 7 August 2024, 25 September 2024, 26 February 2025, 29 May 2025, 27 June 2025, 29 July 2025, 26 September 2025, and 28 October 2025. The latest circular to shareholders was dated 10 April 2024. The transaction was originally scheduled to close earlier, but the parties have agreed to multiple extensions, culminating in the current update.

What Investors Should Watch For

• Any further announcements regarding the satisfaction or waiver of conditions precedent under the SPA.
• Updates related to the JTC Approval, as this is now a critical factor for the timing of transaction completion.
• Potential changes to the terms of the SPA, which could materially affect the transaction or its strategic benefits.
• Announcements of material developments that could impact the company’s prospects or share price.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult professional advisors before making any investment decisions. The information herein is based on official company disclosures as of 26 November 2025 and is subject to change.

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