OTS Holdings Limited Announces Capital Increase in Malaysian Subsidiary
OTS Holdings Limited Announces Significant Capital Injection into Malaysian Subsidiary
Key Highlights
- OTS Holdings Limited announced a substantial increase in the issued and paid-up share capital of its indirect wholly-owned subsidiary, Ellaziq (Malaysia) Sdn. Bhd.
- On 3 November 2025, Ellaziq (Malaysia) Sdn. Bhd. issued 14,500,000 ordinary shares at RM1 each to Ellaziq Private Limited, a wholly-owned subsidiary of OTS Holdings Limited.
- This move increased the share capital from RM18,500,000 (18,500,000 shares) to RM33,000,000 (33,000,000 shares).
- The capital increase was executed by way of a loan conversion.
- Ellaziq (Malaysia) Sdn. Bhd. is engaged primarily in the manufacturing and sale of halal meat products.
Details of the Transaction
The capital increase was achieved by subscription for 14,500,000 ordinary shares at a par value of RM1 per share. The shares were subscribed by Ellaziq Private Limited, following a loan conversion arrangement. After this transaction, the total issued and paid-up share capital of Ellaziq (Malaysia) Sdn. Bhd. stands at RM33,000,000 divided into 33,000,000 ordinary shares.
This transaction reflects the Group’s ongoing commitment to support its Malaysian operations and strengthen its presence in the halal meat products industry, a sector with strong demand and growth potential across Southeast Asia.
Impact on Shareholders and Potential Price Sensitivity
- No immediate material impact is expected on the net tangible assets or earnings per share of OTS Holdings Limited for the financial year ending 30 June 2026. This suggests that the capital increase is primarily a balance sheet transaction without direct earnings dilution or enhancement in the near term.
- No director or substantial shareholder of OTS Holdings Limited has any direct or indirect interest in the capital increase, aside from any interest held through their shareholdings in the company.
- While the capital injection strengthens the subsidiary’s financial position and could position the Group for future growth in Malaysia’s halal meat sector, investors should note that there are no immediate financial effects expected for the current fiscal year.
- The Group’s increased investment in its Malaysian subsidiary may signal management’s confidence in the long-term prospects of its halal meat business, which may be of interest to investors monitoring the company’s regional expansion strategy.
Other Relevant Disclosures
The announcement was released in compliance with Rule 706A of the Catalist Rules of the Singapore Exchange (SGX-ST). The company’s sponsor, SAC Capital Private Limited, has reviewed the announcement, but the SGX-ST has not examined or approved its contents.
For further queries, shareholders may contact Ms. Audrey Mok of SAC Capital Private Limited at (65) 6232 3210.
Conclusion
In summary, the capital increase in Ellaziq (Malaysia) Sdn. Bhd. demonstrates OTS Holdings Limited’s commitment to its Malaysian operations and the halal meat sector. However, as the transaction is a result of a loan conversion and is not expected to have a material effect on the Group’s net tangible assets or earnings per share in the current financial year, there are no immediate price-sensitive implications for shareholders. Investors should monitor the Group’s ongoing activities in Malaysia for future developments that may have a more direct impact on financial performance and share value.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with their financial advisors before making any investment decisions. The information provided herein is based on the company’s official disclosures as of 13 February 2026 and may be subject to change without notice.
View OTS Holdings Historical chart here