Reclaims Global Limited Announces Strategic Share Sale to Institutional and High Net-Worth Investors

Key Highlights for Investors

• Prominent institutional and high net-worth investors participated in a major off-market share sale.
• Founding shareholders Mr. Chan Chew Leh and Mr. Tan Kok Huat sold a combined 11,585,000 ordinary shares at S\$0.41 per share, raising approximately S\$4.7 million.
• Post-sale, both Mr. Chan and Mr. Tan maintain a significant and controlling stake, each at 30.01% shareholding, down from 34.04% and 33.65% respectively.
• Both vendors have voluntarily committed to a 6-month moratorium on any further share sales.
• The sale was managed by SAC Capital Private Limited and Maybank Securities Pte. Ltd..
• Recent contract wins and strategic property acquisition bolster Reclaims Global’s growth prospects.

Details of the Share Sale and Strategic Rationale

On 27 January 2026, Reclaims Global Limited (“Reclaims Global” or the “Company”), a leading eco-friendly integrated service provider in Singapore’s construction sector, announced that its two majority shareholders, Mr. Chan Chew Leh and Mr. Tan Kok Huat, executed a significant share sale. An aggregate of 11,585,000 ordinary shares were sold in cash to a range of institutional and high net-worth investors at S\$0.41 per share, totaling about S\$4.7 million.

Notably, this share sale attracted prominent institutional funds such as Areca Capital, Asdew Acquisitions, Azure Capital, ICH Synergrowth Fund, and Value Partners Hong Kong Limited. The participation of these funds signals a strong vote of confidence in the Company’s business fundamentals and long-term prospects.

This transaction aims to broaden and diversify Reclaims Global’s shareholder base, enhancing trading liquidity and market visibility on the Singapore Exchange (SGX-Catalist). Importantly, existing minority shareholders are not diluted as the shares sold belonged to current major shareholders.

Moratorium Commitment

Both Mr. Chan and Mr. Tan have voluntarily imposed a six-month moratorium on any further sale of their shares in the Company. This move demonstrates their continued commitment and confidence in the business, while providing reassurance to investors regarding shareholding stability in the near term.

Business Updates: Contract Wins and Strategic Acquisition

• New Contracts: Between July and October 2025, Reclaims Global secured S\$10.3 million in new contracts, followed by an additional contract worth S\$15.5 million in November 2025. These contract wins reinforce the Group’s strong order book and demand for its integrated construction solutions.
• Strategic Acquisition: The Group recently announced the acquisition of a freehold commercial building near Farrer Park MRT Station for S\$38.8 million. This acquisition is expected to strengthen long-term business resiliency and unlock future growth opportunities.

Company Overview and Business Segments

Listed on the Catalist of the SGX-ST since March 2019, Reclaims Global Limited is an eco-friendly integrated service provider specialising in:

1. Excavation services
2. Logistics and leasing (fleet management of construction vehicles and equipment)
3. Recycling of construction and demolition waste

The Company’s integrated and synergistic business model has delivered a strong track record for reliable project execution and timely delivery since its inception in 2009.

Management Commentary

“This marks another key milestone in broadening our shareholder base and attracting high-quality investors, which we see as a vote of confidence in our business fundamentals, strategic direction, and long-term prospects. This share sale does not dilute existing minority shareholders and we believe a more diversified and institutionalised shareholder base will enhance our market profile, improve trading liquidity, and create a stronger platform for sustainable value creation. Reflecting our belief in the Group’s potential, we continue to retain a significant and controlling interest in the Company and we remain committed to driving disciplined growth and delivering continued value to all shareholders ahead.”

Shareholder Considerations & Price Sensitivity

• The participation of reputable institutional investors and high net-worth individuals could significantly enhance Reclaims Global’s market profile and trading liquidity—potentially positive for share price performance.
• The self-imposed moratorium by the major shareholders provides near-term stability in the Company’s shareholding structure.
• Recent sizable contract wins and property acquisition signal robust growth prospects and business expansion, both of which are likely to be price sensitive and of interest to the market.

Further Information

For more information, investors can refer to the Company’s official website (https://reclaims.sg) or the SGX announcement released on 27 January 2026.

Media & Investor Contact:
Mr. Alex Tan
Mobile: +65 9451 5252
Email: [email protected]

Disclaimer: This article is for informational purposes only and does not constitute investment advice or an offer to buy or sell any securities. Investors are advised to conduct their own due diligence and consult with their financial advisors before making any investment decisions. The views expressed here are based on publicly available information as of 27 January 2026 and are subject to change without notice.

View Reclaims Global Historical chart here