Key Highlights
- Proposed Placement: Up to 10,000,000 new ordinary shares to be issued at S\$0.22 per share.
- SGX-ST Approval: The Singapore Exchange Securities Trading Limited (SGX-ST) has issued the listing and quotation notice for these shares, subject to compliance with SGX-ST’s listing requirements.
- Placement Agent: SAC Capital Private Limited is acting as the placement agent for this offering.
- Announcement Date: The approval was received on 1 December 2025.
Details of the Share Placement
Lincotrade & Associates Holdings Limited has announced the receipt of the listing and quotation notice from SGX-ST for its proposed placement of up to 10 million new ordinary shares. These shares will be offered at a placement price of S\$0.22 per share, representing an opportunity for the company to raise fresh capital for its business operations or expansion plans.
The placement agreement was entered into with SAC Capital Private Limited, a reputable placement agent. The company’s board emphasized that the listing and quotation notice from SGX-ST is not an indication of the merits of the proposed placement, the shares themselves, the company, or its subsidiaries.
The company will issue further announcements related to the progress and completion of the proposed placement as appropriate.
Important Information for Shareholders
- Potential Impact on Share Value: The issuance of new shares may have a dilution effect on existing shareholders’ holdings, depending on the total shares in issue prior to placement and the level of demand for the placement shares.
- Strategic Implications: The capital raised from this placement can be used to fund new investments, strengthen the balance sheet, or support expansion activities. Investors should monitor management’s future announcements regarding the use of proceeds.
- Market Reaction: The share placement and its pricing at S\$0.22 per share could influence the company’s market valuation, depending on investor sentiment and perceived value.
- Regulatory Compliance: The listing and quotation of the new shares is subject to compliance with SGX-ST requirements. There is no guarantee of final listing until all conditions are met.
Next Steps and Further Announcements
Investors should look out for further updates from Lincotrade & Associates Holdings Limited regarding the completion of the placement, final number of shares allotted, and the intended use of funds raised. These updates will be crucial in assessing the long-term impact on the company’s financial position and share value.
Contact Information
The company’s sponsor, SAC Capital Private Limited, can be contacted for further details. The key contact is Ms. Lee Khai Yinn at +65 6232 3210, located at 1 Robinson Road, #21-01 AIA Tower, Singapore 048542.
Disclaimer: This article is for informational purposes only. It does not constitute investment advice, nor is it an offer or solicitation to buy or sell any securities. Investors should conduct their own due diligence and consult professional advisers before making any investment decisions. The Singapore Exchange Securities Trading Limited (SGX-ST) has not examined or approved the contents of this article, and assumes no responsibility for its accuracy or completeness.
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