H2G Green Limited Announces Extension of Long-Stop Date for Proposed Acquisition of T T J Greenfuel Pte. Ltd.

Key Highlights from the Announcement

• Extension of Long-Stop Date: H2G Green Limited (“the Company”) has announced a further extension of the long-stop date for its proposed acquisition of T T J Greenfuel Pte. Ltd. The new long-stop date has been moved from 31 December 2025 to 31 January 2026, subject to any further mutual agreement between the parties.
• Completion Date Set: The date of completion for the acquisition will be no later than the extended long-stop date of 31 January 2026 or within 14 days from the receipt of JTC Approval, whichever is earlier.
• Mutual Agreement: The extension and updated terms were agreed upon by both parties through a ninth supplemental agreement dated 29 December 2025.
• Other Terms Unchanged: All other terms and conditions of the Sale and Purchase Agreement (SPA) remain unchanged.
• Ongoing Updates: The Company has committed to keeping shareholders informed of any material developments relating to the proposed acquisition via further announcements as appropriate.

Details of the Proposed Acquisition

The acquisition relates to 100% of the issued and paid-up shares in the capital of T T J Greenfuel Pte. Ltd. The acquisition is to be executed by Green Energy Investment Holding Private Limited (“GEIH”), a 50.10%-owned subsidiary of H2G Green Limited (on a fully diluted and as-converted basis). The SPA was originally signed on 15 August 2023 between GEIH and T T J Holdings Limited (“the Vendor”), and has seen several supplemental agreements to accommodate timeline adjustments and other terms.

Potential Price-Sensitive Information for Shareholders

• Timeline Extensions: The repeated extensions of the long-stop date for conditions precedent and completion may be interpreted by the market as either prudent risk management or as a sign of potential delays and uncertainties in closing the transaction. This could impact investor sentiment and thus share price volatility in the near term.
• Regulatory Approval: The completion date is tied to the receipt of JTC Approval, which adds a regulatory dependency to the timeline. Any delays or issues in securing this approval could further affect the completion of the deal and may be price sensitive.
• Strategic Implications: The successful acquisition of T T J Greenfuel Pte. Ltd. could potentially enhance H2G Green Limited’s growth prospects in the green energy sector and may be viewed positively by the market once finalized, especially if synergies and financial benefits are materialized.
• Commitment to Transparency: The Company’s ongoing commitment to updating shareholders on material developments provides a level of transparency that is important for investor confidence.

Summary and Investor Takeaways

Investors should note that the proposed acquisition is still subject to the satisfaction or waiver of certain conditions precedent. The latest extension to 31 January 2026 (or within 14 days of JTC Approval) signals the Company’s intention to see the transaction through, but also highlights lingering uncertainties. Given the strategic nature of the acquisition and its potential impact on the Company’s future operations, developments on this front are likely to influence H2G Green Limited’s share price in the coming months.

Shareholders are advised to monitor further announcements from the Company regarding the status of the acquisition, as any significant updates—especially those relating to regulatory approvals or completion—could result in share price movements.

Disclaimer: This article is provided for informational purposes only and does not constitute investment advice. Investors should perform their own due diligence and consult professional advisers before making any investment decisions. The views expressed are based on publicly available information as of the date of publication and may be subject to change.

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