Bromat Holdings Ltd. Receives Statutory Demand from TSMP Law Corporation

Key Points Investors Must Note

• Statutory Demand Received: On 3 February 2026, Bromat Holdings Ltd. (“the Company”) received a statutory demand from TSMP Law Corporation regarding an outstanding sum of S\$167,567.38 for professional work performed for the Company.
• Outstanding Liability: The outstanding amount has already been reflected in Bromat Holdings Ltd.’s financial statements for the full year ended 30 September 2025, indicating that the Company was aware of this liability and had disclosed it in its financials.
• Critical Timeline: The Company has been given three (3) weeks from the date of service of the Letter to either repay, secure, or compound the outstanding sum to TSMP’s reasonable satisfaction.
• Potential Legal Action: If Bromat Holdings fails to satisfy TSMP within the given period, TSMP has reserved the right to file a winding-up application against the Company. This is a serious legal threat as a winding-up application could lead to the liquidation of the Company, which would severely affect shareholder value.
• Ongoing Developments: The Company has stated it will continue efforts to respond to the statutory demand and will update shareholders on any material developments as necessary.

Important Information & Potential Price-Sensitive Issues

• Risk of Insolvency: The threat of a winding-up application is a material event. If the Company is unable to resolve the outstanding liability to TSMP’s satisfaction, shareholders face a significant risk that the Company may be forced into liquidation. This could result in a total loss of investment for equity holders.
• Investor Caution Advised: Both shareholders and potential investors are explicitly advised by the Company to exercise caution when dealing in the securities of Bromat Holdings Ltd. The announcement urges investors to consult their professional advisors should they have any doubts regarding their investment actions.
• Ongoing Disclosure: Shareholders are encouraged to closely monitor further announcements from the Company, as any new developments could materially impact share prices and investment decisions.
• Regulatory Review: The announcement has been reviewed by the Company’s sponsor, SAC Capital Private Limited. However, it has not been examined or approved by the Singapore Exchange Securities Trading Limited (SGX-ST), which assumes no responsibility for its content or accuracy.

Additional Details

• Executive Statement: The announcement was issued by Mr. Tan Keng Tiong, Executive Director and Acting Chief Executive Officer of Bromat Holdings Ltd., on 4 February 2026.
• Contact Information: For further queries, investors can contact the Company’s sponsor, SAC Capital Private Limited, specifically Ms. Lee Khai Yinn at Tel: (65) 6232 3210, AIA Tower, 1 Robinson Road, #21-01, Singapore 048542.
• Prior Announcements: This statutory demand follows earlier announcements made by the Company on 20 February 2025 and 4 November 2025 regarding letters of demand from TSMP Law Corporation, indicating an ongoing dispute or unsettled liability between Bromat Holdings Ltd. and TSMP.

Summary for Investors

The receipt of a statutory demand and the threat of winding-up proceedings present a significant risk to Bromat Holdings Ltd. shareholders. This development is highly price-sensitive and could lead to substantial volatility in the Company’s share price. Investors should remain vigilant, await further updates from the Company, and seek professional advice as necessary.

Disclaimer

This article is prepared for informational purposes only and does not constitute financial advice or a recommendation to buy or sell securities. Investors are advised to review all Company announcements and consult with their financial advisors before making any investment decisions. The Singapore Exchange Securities Trading Limited (SGX-ST) does not assume responsibility for the contents of this report.

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