GDS Global Limited Successfully Completes Placement of 60,000,000 New Ordinary Shares

Key Highlights of the Announcement

• Placement Completion: GDS Global Limited has announced the successful completion of its proposed placement of up to 60,000,000 new ordinary shares at S\$0.068 per share.
• Aggregate Proceeds Raised: The placement has raised gross proceeds of up to S\$4,080,000 for the company.
• Share Capital Expansion: Following the completion, the total issued and paid-up share capital (excluding treasury shares) increased from 230,338,800 shares to 290,338,800 shares.
• Listing and Trading: The new placement shares are expected to be listed and quoted on the Catalist Board of the Singapore Exchange (SGX-ST) on or around 30 December 2025, with trading commencing from 9:00 a.m. on the same day.
• Share Ranking: The placement shares are issued free from all claims, pledges, mortgages, charges, liens, and encumbrances, and will rank pari passu with existing shares except for dividends, rights, or distributions where the record date falls on or before the completion date.
• Placement Agent: SAC Capital Private Limited acted as the placement agent for this transaction.

Important Information for Shareholders

• Dilution Effect: The substantial increase in the number of issued shares may dilute existing shareholders’ ownership percentage. Investors should consider the impact on voting rights and future earnings per share.
• Potential Price Sensitivity: The placement price of S\$0.068 per share may act as a reference point for market valuation and could influence trading sentiment. The influx of new shares and the increase in capital could affect the stock’s liquidity and pricing dynamics.
• Dividend Entitlement: The newly issued shares will not be entitled to dividends, rights, or distributions where the record date is on or before the completion date of placement.
• Board’s Statement: The Directors have confirmed that this announcement constitutes full and true disclosure of all material facts related to the placement and the company. They also state that they are not aware of any facts whose omission would make the announcement misleading.
• Caution to Shareholders: Shareholders and investors are urged to exercise caution when dealing in the shares of GDS Global Limited. If in doubt, they should consult professional advisors such as stockbrokers or lawyers.
• Regulatory Note: The announcement has been reviewed by the company’s sponsor, SAC Capital Private Limited, but has not been examined or approved by the Singapore Exchange. The SGX-ST assumes no responsibility for its contents.

Details of the Placement

On 1 December 2025, GDS Global Limited entered into a placement agreement with SAC Capital Private Limited for the placement of up to 60,000,000 fully paid-up new ordinary shares. The Singapore Exchange granted the listing and quotation notice on 26 December 2025, subject to compliance with listing requirements. The placement was completed on 29 December 2025, and all shares were allotted and issued to subscribers.

The placement shares will be listed on the Catalist Board of SGX-ST on or around 30 December 2025, with trading starting at 9:00 a.m. The shares were allotted free from any encumbrances and rank equally with existing shares except for certain dividend and distribution rights.

Implications for Investors

The successful placement increases the company’s capital base, potentially providing funds for expansion, debt repayment, or other corporate purposes. However, the increase in share count could impact key financial metrics and dilute existing shareholders. Investors should monitor future announcements regarding the use of proceeds and any strategic developments.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors are advised to exercise caution and consult professional advisors before making investment decisions. The Singapore Exchange assumes no responsibility for the contents of this article.

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