Lincotrade & Associates Holdings Limited – Key Investor Update: Proposed Share Placement & SGX-ST Approval
Lincotrade & Associates Holdings Limited Announces Proposed Placement of Up to 10 Million New Shares at S\$0.22 Each
Key Points from the Announcement
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Proposed Placement: Lincotrade & Associates Holdings Limited has announced a proposed placement of up to 10,000,000 new ordinary shares in the company at a placement price of S\$0.22 per share.
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SGX-ST Approval Received: The company received the listing and quotation notice from the Singapore Exchange Securities Trading Limited (SGX-ST) on 1 December 2025, clearing the way for the new shares to be listed and quoted on the SGX, subject to compliance with SGX-ST’s listing requirements.
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Placement Agent: SAC Capital Private Limited is acting as the placement agent for this transaction.
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Next Steps: The company will issue further announcements as necessary regarding the progress and completion of the proposed placement.
Important Information for Shareholders
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Share Dilution: The issuance of up to 10 million new shares will dilute the holdings of existing shareholders. Investors should evaluate the impact on their percentage ownership and potential earnings per share.
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Potential Share Price Impact: The placement price of S\$0.22 per share may influence the market price, depending on current trading levels and investor sentiment towards the capital raising.
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SGX-ST Listing & Quotation Notice: While the SGX-ST has granted its listing and quotation notice, this should not be interpreted as an endorsement of the proposed placement, the company, or its subsidiaries. Investors should continue to monitor further announcements for updates on the placement’s actual completion and allotment.
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Use of Proceeds: While this announcement does not detail the intended use of proceeds, investors should watch for subsequent updates, as the deployment of new capital can materially affect the company’s growth, expansion strategies, or financial stability.
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Regulatory Disclosure: This announcement was reviewed by the company’s sponsor, SAC Capital Private Limited, but was not vetted or approved by SGX-ST, which assumes no responsibility for its contents.
What This Means for Investors
The proposed placement is a significant corporate action. The infusion of new capital through share placement can potentially enhance Lincotrade & Associates Holdings Limited’s financial flexibility, support growth initiatives, or strengthen its balance sheet. However, the dilution of shareholdings and the placement price dynamics are important factors that may impact the company’s share value in the near term.
Investors are advised to monitor upcoming announcements from the company for further details regarding the completion of the placement, the use of proceeds, and any other material developments.
Contact Details
For more information, Ms. Lee Khai Yinn at SAC Capital Private Limited can be contacted at (65) 6232 3210, 1 Robinson Road, #21-01 AIA Tower, Singapore 048542.
Disclaimer: This article is a summary and analysis of an official company announcement. It does not constitute financial advice or a recommendation to buy or sell any securities. Investors should conduct their own due diligence and consult with their financial advisors before making investment decisions. The Singapore Exchange Securities Trading Limited (SGX-ST) has not reviewed or approved the contents of this article and assumes no responsibility for the accuracy of the information presented herein.
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