Rich Capital Holdings Limited Announces Revised Share Consolidation Figures Following SGX-ST Notice

Key Points for Investors

• Share Consolidation Ratio: Every 200 existing ordinary shares will be consolidated into one (1) new share.
• Revised Listing and Quotation Notice (LQN): Final number of consolidated shares is 36,713,684, up from earlier figures due to rounding adjustments.
• Shareholder Entitlements: No shareholder was disadvantaged by rounding adjustments; all shareholders will receive correct post-consolidation entitlements.
• SGX-ST Involvement: The revised notice was issued on 9 December 2025 by the Singapore Exchange Securities Trading Limited (SGX-ST).
• Price Sensitivity: The change in the number of consolidated shares, though minor, may affect market perceptions and liquidity of the shares.

Detailed Analysis

Rich Capital Holdings Limited has provided a significant update regarding its ongoing share consolidation process. The consolidation, approved and communicated through several prior announcements and a shareholder circular, involves the conversion of every two hundred (200) existing shares into a single consolidated share. This process is a major corporate action that can impact share price dynamics, trading liquidity, and investor sentiment.

The company originally announced an expected post-consolidation share count of 36,713,624 shares. This figure was later updated to 36,713,664 shares during the process. Following final adjustments for fractional rounding, the Singapore Exchange Securities Trading Limited (SGX-ST) issued a revised Listing and Quotation Notice, updating the final number of consolidated shares to 36,713,684.

Rounding Adjustments: The increase from the initial estimate is attributed to the fractional rounding process, a common technical step in share consolidations. Such rounding ensures that shareholders receive whole consolidated shares, preventing loss or disadvantage due to fractions. The company has emphasized that no shareholder was disadvantaged and that all will receive their correct entitlements.

Potential Impact for Investors: While the numerical change is small, it is essential for shareholders and market participants to note the official final post-consolidation share count. Changes in share capital structure can affect share price by altering the supply of shares available for trading and potentially impacting market liquidity. Investors should be aware of these adjustments when considering their holdings or making trading decisions.

Corporate Governance and Regulatory Oversight: The announcement clarifies that the company’s sponsor, SAC Capital Private Limited, has reviewed this disclosure, although the SGX-ST has not examined or approved the content. Investors are reminded to exercise caution and seek professional advice if uncertain about the implications.

Cautionary Statement

The company advises all shareholders and potential investors to read this and any future announcements carefully. Any trading or investment decisions should be made with professional advice, considering the possible effects of the consolidation and subsequent adjustments on share value and liquidity.

Contact Information

For further queries, shareholders may contact the sponsor, Ms Tay Sim Yee, at SAC Capital Private Limited, 1 Robinson Road, #21-01 AIA Tower, Singapore 048542.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are urged to consult with their professional advisors before making any decisions based on this corporate action. The Singapore Exchange assumes no responsibility for the accuracy or completeness of this report.

View RichCapital Historical chart here