What Shareholders Need to Know

• Implications for Shareholders: The re-domiciliation process is a significant corporate event. Shareholders should note that the company’s legal jurisdiction has changed from Bermuda to Singapore. This may affect regulatory oversight, corporate governance, tax treatment, and potentially the company’s attractiveness to new investors.
• Potential Price Sensitivity: Such a move can impact share values due to changes in legal and operational frameworks. Singapore’s robust regulatory environment and business-friendly policies may be viewed positively by investors, potentially enhancing perceptions of transparency and governance.
• ISIN Code Change: The change in ISIN code may affect how shares are tracked and traded on different platforms. Shareholders should consult their brokers or custodians to ensure their holdings are updated to reflect the new Singapore registration.
• Regulatory and Tax Considerations: The shift to Singapore could affect the company’s tax profile and reporting requirements. Investors should be aware of potential changes in dividend taxation or other shareholder entitlements under Singapore law.

Detailed Timeline and Process

1. On 5 November 2025, shareholders received a circular detailing the proposed re-domiciliation.
2. Shareholder approval was secured at the Special General Meeting on 28 November 2025.
3. On 30 January 2026, the company received the Instrument of Continuance from ACRA, registering it as a Singapore company.
4. On the same day (Bermuda time), the company filed the necessary documents in Bermuda and received the Certificate of Discontinuance, ending its existence as a Bermuda entity.
5. The Certificate of Discontinuance was submitted to ACRA to complete the regulatory process.

Strategic Rationale and Forward Outlook

This strategic move positions Global Resource Construction Ltd. within Singapore’s dynamic financial and regulatory landscape. Singapore offers a stable legal framework, a competitive tax regime, and a reputation for high corporate governance standards. The transition is expected to improve the company’s profile among international investors and may facilitate easier access to Asian capital markets.

Investors should monitor further updates from the company regarding operational changes, tax implications, and any adjustments in reporting standards or shareholder rights.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors are encouraged to consult financial advisors and review official company filings before making any investment decisions. The information presented here is based on publicly available documents and may be subject to change.

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