H2G Green Limited Completes Asset Disposal by Subsidiary P5 Pte. Ltd.
H2G Green Limited Announces Completion of Disposal of Certain Assets by Subsidiary P5 Pte. Ltd.
Key Highlights of the Report
- Disposal Completion: H2G Green Limited has announced the successful completion of the disposal of certain assets by its indirect wholly-owned subsidiary, P5 Pte. Ltd.
- Transaction Parties: The assets were acquired by Molteni Singapore Pte. Ltd., a wholly-owned subsidiary of Molteni Group S.p.A.
- Transaction Closure: The closing of the disposal took place on 1 January 2026, in accordance with the terms and conditions of the signed Sale and Purchase Agreement (SPA).
- Consideration: Under the SPA, Molteni Singapore Pte. Ltd. is required to pay a final balance consideration amounting to S\$888,155.80 by 12 January 2026.
- Further Announcements: The company has indicated that it will continue to update shareholders with further announcements regarding the disposal as and when appropriate.
Important Information for Shareholders
- Potential Price Sensitivity: The successful completion of the asset disposal and the expected inflow of S\$888,155.80 is a material event for H2G Green Limited. This transaction could positively impact the company’s cash position and may influence share price performance, depending on how the proceeds are utilized and the strategic significance of the disposed assets.
- Ongoing Updates: Shareholders should monitor further announcements from the company for updates on the disposal and any material developments that may arise.
- 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 (SGX-ST), which assumes no responsibility for its contents.
Detailed Transaction Overview
The disposal process involved several regulatory announcements from H2G Green Limited throughout 2025, detailing the negotiation and agreement process between P5 Pte. Ltd. and Molteni Singapore Pte. Ltd. The SPA governs the terms of the disposal, ensuring that all conditions precedent to the closing have been satisfied. With the closing completed on 1 January 2026, attention now turns to the receipt of the balance consideration, which is contractually committed to be paid within eleven days, by 12 January 2026.
The transaction represents a significant milestone for H2G Green Limited, as the disposal of assets by its subsidiary may have a notable effect on the group’s financials and strategic direction. Investors will need to stay vigilant for subsequent disclosures related to the use of proceeds and any operational impacts arising from the transaction.
Next Steps
The company has committed to keeping the market informed of any further developments or material changes in relation to this disposal. Investors should await more information on the strategic rationale and financial impact of this transaction.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence or consult with a financial advisor before making investment decisions. The Singapore Exchange Securities Trading Limited assumes no responsibility for the contents of the original announcement or this article.
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