Net Pacific Holdings Completes Strategic Industrial Land Acquisition in Guangdong

Net Pacific Holdings Limited (formerly Net Pacific Financial Holdings Limited), a Singapore-incorporated investment holding company, has announced the successful completion of its acquisition of an industrial land use right in Guangdong, China. This significant development comes via its 51%-owned subsidiary, Saint Pearl Travel Products (Guangdong) Co., Ltd., and marks a strategic expansion into industrial real estate, which may have material implications for the Group’s future growth trajectory and shareholder value.

Key Points for Investors

• Completion of Acquisition: All conditions under the Transfer Contract for the industrial land have been fulfilled. The acquisition was finalized on 22 December 2025, following Saint Pearl’s payment of the remaining consideration and relevant taxes and fees to the local Bureau.
• Financial Details: The final payment made by Saint Pearl was RMB12,510,800 (approximately HKD13,757,000), covering the remaining cost of the land and all associated taxes and fees.
• Legal and Regulatory Milestone: The Bureau issued the relevant certificates for the land and completed the real estate registration process for Saint Pearl, officially transferring the land use rights and securing the asset for the Group.

Implications for Shareholders

• Potential Impact on Share Price: The successful completion of this acquisition represents a concrete step in Net Pacific Holdings’ business expansion in China’s industrial sector. This could be price sensitive, as investors may reevaluate the company’s growth prospects, asset base, and future earnings potential linked to industrial operations in Guangdong.
• Strategic Positioning: The move strengthens the Group’s footprint in China and may open doors for further industrial development, partnerships, or new lines of business leveraging the acquired land.
• Caution Advised: Despite the positive news, shareholders are advised by the Board to exercise caution when trading or dealing in the Company’s shares. They should read this and future announcements carefully and consult professional advisors if uncertain about the appropriate course of action.

Governance and Oversight

• Board and Management: The announcement was made under the authority of Ong Chor Wei @ Alan Ong, Chief Executive Officer and Executive Director, emphasizing Board oversight of significant transactions.
• Sponsor Review: PrimePartners Corporate Finance Pte. Ltd. has reviewed the announcement, though the Singapore Exchange Securities Trading Limited (SGX) neither examined nor approved its contents.

Contact Information

For further inquiries, shareholders may contact Ms. Foo Jien Jieng at PrimePartners Corporate Finance Pte. Ltd., 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, or via [email protected].

Disclaimer: This article is intended for informational purposes only and does not constitute investment advice or a recommendation to buy or sell securities. Investors are urged to conduct their own due diligence and consult with professional advisors before making any investment decisions. The information herein is based on company announcements and is subject to change without notice.

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