Incredible Holdings Ltd. Delays Release of Half-Year Financial Results

Key Points of the Announcement

• Delay in Results: Incredible Holdings Ltd. has announced it will not be able to release its half-year financial results for the period ended 31 December 2025 within the timeline mandated by the Singapore Exchange’s Catalist rules.
• Reason for Delay: The delay is attributed to manpower constraints following recent staff departures, compounded by the Chinese New Year festive period during which key personnel were unavailable. As a result, the company was unable to finalize the financial results ahead of the regulatory deadline.
• Expected Release Date: The Board expects to release the half-year financial results on or around 23 February 2026, representing a delay from the original reporting schedule.
• Board Apology: The Board has publicly apologized to shareholders for the inconvenience caused and assured that efforts are being made to expedite the release of the financial results.
• Regulatory Oversight: The announcement has been reviewed by the company’s sponsor, Novus Corporate Finance Pte. Ltd., but not by the Singapore Exchange, which assumes no responsibility for the announcement’s content.
• Contact Information: For any questions, shareholders may contact Ms. Lin Huiying, Head of Continuing Sponsorship at Novus Corporate Finance Pte. Ltd., at 7 Temasek Boulevard, #04-02 Suntec Tower 1, Singapore 038987, telephone (65) 6950 2188.

Potential Price-Sensitive Issues for Shareholders

• Regulatory Non-Compliance: The inability to meet the half-year results reporting deadline could be seen as a compliance risk. Such delays may be viewed unfavorably by investors and regulators, possibly affecting investor confidence and share price volatility.
• Manpower Constraints: The report specifically cites recent staff departures as a primary reason for the delay. This could raise concerns among investors about management stability, succession planning, and operational resilience within the company.
• Operational Disruption: The impact of the Chinese New Year period further highlights the company’s reliance on certain key personnel and potential vulnerabilities in resource planning, which may be scrutinized by the market.
• Uncertainty Until Results Are Released: The delay in financial reporting leaves investors without updated financial information, potentially increasing uncertainty and risk. Market participants may speculate about the underlying reasons for the delay, which could drive share price movements until the results are published.

Detailed Analysis

The Board of Directors of Incredible Holdings Ltd. has informed shareholders of an unexpected delay in the release of its half-year financial statements for the period ended 31 December 2025. The company has cited two principal reasons for this delay: a loss of manpower due to recent staff departures, and the unavailability of key staff during the Chinese New Year holiday period. These disruptions have left the company with insufficient time to finalize and release its financial results in accordance with Rule 705(2) of the Singapore Exchange’s Catalist rules.

Notably, the company now expects to release these results on or around 23 February 2026, a delay beyond the prescribed regulatory deadline. The Board has apologized for the inconvenience and has committed to releasing the results as soon as practicable. Such a delay may raise investor concerns over the company’s internal controls, management depth, and ability to comply with regulatory obligations.

The announcement has undergone review by Novus Corporate Finance Pte. Ltd., the company’s sponsor under Catalist rules, but has not been reviewed or approved by the Singapore Exchange itself. This means that ultimate responsibility for the accuracy and completeness of the announcement lies with the company and its sponsor.

Overall, investors should monitor the situation closely, as the delay and its underlying causes could have implications not only for the company’s operations and governance, but also for its reputation and share price in the near term.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Investors are advised to conduct their own due diligence and consult with professional advisors before making any investment decisions. The information herein is based on the company’s public announcement and is subject to change without notice.

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