Key Highlights from the Latest Announcement

• Partial Repayment Received: Ascent Bridge Limited has received a partial repayment totaling S\$74,449.77 from Capital Impetus Group Limited (“CIG”) as of 2 January 2026.
• Extension of Repayment Period: The Company has agreed to extend the repayment period for the outstanding amount by an additional six (6) months.
• Revised Payment Schedule:
  • Payment of S\$1,378,483.23 due by 30 June 2026
  • Payment of S\$1,350,009.30 due by 31 December 2026
  • Total outstanding amount: S\$2,728,492.53
• All Other Terms Unchanged: The terms and conditions of the advance remain unchanged, aside from the revised repayment schedule.
• Future Updates: The Company commits to making further announcements should there be any material developments regarding the advance.

Important Information for Shareholders

• Impact on Cash Flow: The extended repayment period means Ascent Bridge Limited will not receive the full repayment of the S\$2.8 million advance as quickly as initially anticipated. This could affect the Company’s short-term liquidity and may impact investor sentiment regarding the Group’s cash management.
• Potential Credit Risk: The need to extend the repayment period may signal potential difficulties faced by CIG in settling its obligations. Investors should monitor the situation closely as any further delays or defaults could have material implications for the Group’s financial position.
• Price Sensitivity: Given the size of the advance relative to the Group’s operations, any change in the repayment status, such as further delays or non-payment, could move the share price. Shareholders should be aware that this remains a live issue with future updates expected.
• Ongoing Disclosure: The commitment to provide further announcements ensures transparency, but also signals that the situation is unresolved and evolving.

Detailed Breakdown

The Group previously advanced S\$2.8 million to CIG and has been providing periodic updates regarding repayments. As of the latest update, only a small portion (S\$74,449.77) has been repaid, leaving a significant outstanding balance. The revised payment schedule pushes final repayment out to the end of 2026, which is a notable extension compared to prior expectations.

Investors should pay close attention to this development, as the ability of CIG to meet the new repayment deadlines will be crucial. The outcome could have a direct bearing on Ascent Bridge Limited’s balance sheet and, by extension, its market valuation.

Conclusion

The extension of the repayment period and the modest amount repaid to date are significant developments. These factors may introduce uncertainty around the recoverability of the advance, and any further negative developments could be material to Ascent Bridge Limited’s financial health and share price performance. Shareholders and potential investors should monitor further updates closely.

Disclaimer: This article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell securities. Investors are advised to conduct their own due diligence and consult professional advisors before making investment decisions.

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