SDAI Limited: Monthly Update on Compulsory Liquidation of KHL Marketing Asia-Pacific Pte Ltd

Key Points in the Announcement

• Company: SDAI Limited (Company Registration No. 201107179D, incorporated in Singapore).
• Subject: Monthly update on the compulsory liquidation of its subsidiary, KHL Marketing Asia-Pacific Pte Ltd, pursuant to Catalist Rule 704(22).
• Timeframe: Updates have been ongoing since 23 December 2021, with the latest update as of 28 November 2025.
• Current Status: Since the last update on 29 October 2025, there have been no further material developments regarding the compulsory liquidation that may significantly impact SDAI Limited’s financial position.
• Trading Status: Shares of SDAI Limited remain suspended from trading on the Singapore Exchange (SGX-ST) since 12 July 2021.
• Ongoing Updates: The company will continue to provide monthly updates and further announcements in compliance with Catalist Rule 704(22).
• Corporate Governance: The announcement has been reviewed by the company’s sponsor, ZICO Capital Pte. Ltd., but has not been examined or approved by the SGX-ST.

Important Information for Shareholders

• No New Developments: There have been no new or material updates since the last announcement. The compulsory liquidation process of KHL Marketing Asia-Pacific Pte Ltd remains unchanged, with no further impact identified on the financial position of SDAI Limited.
• Share Suspension: The suspension of SDAI Limited’s shares from trading since July 2021 continues. This ongoing suspension is a key issue for investors, as it directly affects liquidity and the ability to transact in the company’s shares.
• Potential Price Sensitivity: While there are currently no new updates that would affect share value, the ongoing liquidation process and suspension status remain significant. Any future material developments in the liquidation, or decisions by regulatory bodies, could potentially move the share price if and when trading resumes.
• Advisory to Investors: Shareholders and potential investors are strongly advised to review all announcements carefully and consult their financial advisers if in doubt about the appropriate course of action.
• Regulatory Oversight: The announcement reiterates that it has not been examined or approved by the SGX-ST, and that the exchange assumes no responsibility for its content.

Details of the Announcement

SDAI Limited, through its Board of Directors led by Executive Chairperson Mdm Hao Dongting, has issued its latest monthly update regarding the compulsory liquidation of its subsidiary, KHL Marketing Asia-Pacific Pte Ltd. This is part of its ongoing compliance with Catalist Rule 704(22), which requires regular disclosure of material developments in such matters.

The company clarified that since the previous update issued on 29 October 2025, there have been no new material events that could significantly affect the company’s financial standing. This means that, at present, the status of the liquidation process has not changed, and there are no new risks or opportunities arising from this situation that would impact shareholders.

Investors should note that SDAI Limited’s shares remain suspended from trading on the SGX-ST, a situation that has persisted since 12 July 2021. The company will continue to provide monthly updates and will make further announcements if there are any significant developments.

The announcement was reviewed by ZICO Capital Pte. Ltd., the company’s sponsor, but not by the Singapore Exchange itself. For further information, shareholders can contact ZICO Capital Pte. Ltd., with Ms Yang Zhenni as the designated contact person.

In summary: There are no new developments to report this month regarding the liquidation, and the company remains in compliance with its ongoing disclosure obligations. The issues of share suspension and the outcome of the liquidation process continue to be the main factors for investors to monitor.

Disclaimer

This article is intended for informational purposes only and does not constitute financial advice. Investors are advised to consult their own professional advisers before making any investment decisions. The Singapore Exchange assumes no responsibility for the content of this summary.

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