Genting Singapore Announces Dissolution and Striking-Off of Subsidiaries

Key Highlights for Investors

• Dissolution of Mongolia Subsidiary: North Spring Capital Mongolia LLC, an indirect wholly-owned subsidiary of Genting Singapore Limited, has been dissolved as of 26 September 2025.
• Striking-Off of Singapore Subsidiary: Resorts World Properties II Pte. Ltd., a direct wholly-owned subsidiary, has been struck off from the Register of Companies in Singapore as of 26 September 2025, pursuant to the Companies Act 1967, Section 344A.
• Financial Impact: Neither transaction has any material impact on the Group’s consolidated net tangible assets or earnings per share for the financial year ended 31 December 2025.
• Related Party Interests: None of the Company’s directors or substantial shareholders has any direct or indirect interest in these transactions, other than through their shareholdings.

Details of the Transactions

Genting Singapore Limited has provided an update to its shareholders regarding certain corporate actions taken in the second half of the financial year ended 31 December 2025:

1. Dissolution of North Spring Capital Mongolia LLC: This subsidiary was indirectly wholly owned by Genting Singapore and incorporated in Mongolia. The dissolution process was completed on 26 September 2025. The company had previously announced its intention to dissolve this entity on 18 March 2025.
2. Striking-Off of Resorts World Properties II Pte. Ltd.: This direct wholly-owned subsidiary, incorporated in Singapore, has been officially struck off from the Register of Companies on the same date, 26 September 2025.

Potential Impact on Shareholders and Share Price

After careful review, it is important to note the following for shareholders:

• Both the dissolution and striking-off are administrative in nature and do not influence the core operations or profitability of Genting Singapore.
• The company has explicitly stated that these actions have no material impact on the consolidated net tangible assets or earnings per share for the financial year 2025.
• There are no related party transactions or interests involved, ensuring transparency and neutrality in these corporate actions.

Given the lack of financial or operational impact from these transactions, there is no price-sensitive information or newsworthy development that would be expected to influence Genting Singapore’s share price.

Conclusion

The company remains committed to keeping shareholders informed of all significant developments. However, these particular announcements are not expected to affect the company’s valuation or outlook.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are advised to perform their own due diligence or consult their financial advisors before making any investment decisions.

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