EuroSports Global Limited Acquires Additional Stake in Prosper Auto Pte. Ltd.

Key Highlights

• Acquisition of Additional Shares: EuroSports Global Limited (“the Company”) announced the acquisition of an additional 145,029 ordinary shares in its subsidiary, Prosper Auto Pte. Ltd. from Eden Capital Pte. Ltd.
• Transaction Value and Consideration: The shares were acquired at a price of S\$12.41 per share, amounting to an aggregate consideration of S\$1,800,000.
• Settlement Method: The entire consideration was settled via the transfer of 10,000,000 treasury shares of the Company, rather than cash.
• Increased Shareholding: Following this transaction, EuroSports Global’s shareholding in Prosper Auto has increased to 80%.
• Financial Impact: The Company stated that the transaction is not expected to have any material impact on the consolidated net tangible assets per share or earnings per share for the period ended 31 December 2025.
• Director and Shareholder Interests: None of the directors or controlling shareholders has any direct or indirect interest in the transaction, except for their shareholdings in EuroSports Global Limited.
• Announcement Date: The announcement was made on 9 February 2026.

Details and Analysis for Investors

Strategic Rationale: This acquisition underscores EuroSports Global’s commitment to strengthening its control and influence over Prosper Auto Pte. Ltd. Increasing its stake to 80% positions the Company to better align Prosper Auto’s operations with its long-term strategic goals. Investors may view this as a positive move, as it could allow for greater consolidation of Prosper Auto’s financials and operational synergies.

Non-Cash Settlement: Notably, the transaction was executed entirely via the transfer of treasury shares, which helps preserve the Company’s cash reserves. However, shareholders should be aware that utilizing treasury shares for acquisitions may result in potential dilution, as these shares could have otherwise been cancelled or used differently.

Impact on Shareholder Value: The Company has explicitly stated that this transaction is not anticipated to have a material effect on its net tangible assets per share or earnings per share for the financial period ending 31 December 2025. This suggests that, from a financial reporting perspective, the deal is not expected to move the needle significantly in the short term.

Governance and Transparency: The disclosure that none of the directors or controlling shareholders has any interest in the transaction (apart from their existing shareholdings) is a positive for corporate governance, indicating transparency and alignment with shareholders.

Potential Price Sensitivity

While this transaction represents a strategic consolidation of ownership, the Company’s guidance that there will be no material impact on earnings or net assets suggests there may not be an immediate price-moving effect. However, investors should monitor future developments in Prosper Auto’s performance, as increased control could lead to longer-term value creation not immediately reflected in the current financials.

Additionally, the use of treasury shares as consideration is noteworthy, as it affects the Company’s share capital structure and could influence perceptions of share value going forward.

Further Information

The announcement was reviewed by the Company’s sponsor, RHT Capital Pte. Ltd., but has not been examined or approved by the Singapore Exchange Securities Trading Limited. The Exchange assumes no responsibility for the contents of the document.

For any further queries, investors may contact the sponsor at: [email protected].

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult professional advisors before making investment decisions. The information provided is based on the latest public disclosure as of 9 February 2026 and may be subject to change.

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