Hatten Land Limited Subsidiary, Hatten Edge Pte Ltd, Placed Under Provisional Liquidation

Key Points Investors Should Note

• Provisional Liquidation of Subsidiary: On 10 December 2025, Hatten Edge Pte Ltd, a wholly owned subsidiary of Hatten Land Limited, declared its inability to continue business due to liabilities. This was formalized via a statutory declaration and a director’s resolution.
• Appointment of Provisional Liquidators: Messrs Tan Wei Cheong and Lim Loo Khoon, of Deloitte Singapore SR&T Restructuring Services Pte Ltd, have been appointed as Joint and Several Provisional Liquidators for Hatten Edge.
• Upcoming Key Meetings:
  • Extraordinary General Meeting (EGM): Scheduled for 6 January 2026 at 3:00pm to confirm the liquidators’ appointment, as required under Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.
  • Creditors’ Meeting: To be held immediately after the EGM at 3:30pm, where the affairs of Hatten Edge will be presented and the liquidators’ appointment will be confirmed pursuant to Section 166 of the same Act.
• Ongoing Updates: The Judicial Managers of Hatten Land Limited will provide further updates on material developments concerning Hatten Edge’s liquidation process.
• Share Suspension: Hatten Land Limited’s shares have been suspended since 6 August 2024. This remains in effect, and shareholders are advised to closely monitor all announcements.

Important Information for Shareholders and Investors

• Material Impact on Group Operations: The inability of Hatten Edge Pte Ltd to continue operations due to liabilities and its move into provisional liquidation could signal broader financial distress within the group. This development is price sensitive and may have a direct impact on the value of Hatten Land Limited’s shares once trading resumes.
• Legal Proceedings Underway: The upcoming EGM and creditors’ meeting will determine the final status of Hatten Edge’s liquidation. These legal processes may affect the group’s assets and liabilities and, therefore, investor returns.
• Continued Uncertainty: As Hatten Land Limited is already under judicial management, the insolvency of its subsidiary adds further uncertainty to shareholders regarding the group’s future direction and solvency.
• Advice to Shareholders: Shareholders and investors are strongly urged to consult their stockbrokers, bank managers, solicitors, or other professional advisors if they are uncertain about actions to take regarding their holdings in Hatten Land Limited.
• Regulatory Note: The announcement has been reviewed by the Company’s sponsor, RHT Capital Pte. Ltd., but not by the Singapore Exchange Securities Trading Limited, which assumes no responsibility for its contents.

Contact Information

Sponsor Contact: Mr. Josh Tan, RHT Capital Pte. Ltd.
36 Robinson Road, #10-06 City House, Singapore 068877
Email: [email protected]

Potential Share Price Impact

The provisional liquidation of Hatten Edge Pte Ltd is a significant event for Hatten Land Limited. It reflects underlying financial challenges and may result in asset write-downs, changes to group structure, and further actions with other subsidiaries. The share suspension remains in place, but once lifted, these developments are likely to affect investor sentiment and price discovery.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors should seek independent professional advice before making any decisions regarding their shares in Hatten Land Limited. The information provided is based on publicly released company documents and may be subject to change as further updates are announced.

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