Advanced Holdings Ltd. Announces Completion of Disposal of Advanced CAE Saudi Arabia Company Ltd

Singapore, 9 March 2026 – Advanced Holdings Ltd. (“the Company”), a Singapore-based company, has officially completed the disposal of its wholly-owned subsidiary, Advanced CAE Saudi Arabia Company Ltd (“CAEKSA”). The transaction was finalized on 6 March 2026, marking the legal transfer of ownership of CAEKSA. This development follows a series of prior announcements made between September 2024 and December 2025 regarding the proposed disposal.

Key Highlights of the Announcement

• Completion Date: The disposal was completed on 6 March 2026.
• Subject of Disposal: The wholly-owned subsidiary, Advanced CAE Saudi Arabia Company Ltd (“CAEKSA”), is no longer part of Advanced Holdings Ltd.
• Legal Transfer of Ownership: The legal ownership of CAEKSA has been successfully transferred to the buyer.
• Prior Announcements: The transaction was previously disclosed in announcements dated 17 September 2024, 21 October 2024, 31 October 2024, 3 January 2025, 30 June 2025, and 31 December 2025.

Implications for Shareholders

• Strategic Realignment: This disposal is a significant step in the Group’s strategic realignment, potentially impacting the Company’s regional exposure and future growth plans in the Middle East.
• Impact on Financials: Although the announcement does not specify the financial terms or proceeds from the disposal, the sale of a wholly-owned subsidiary may have a notable effect on the Group’s balance sheet and profit/loss statement. Investors should review subsequent financial reports for further details on financial impact.
• Potential Share Price Impact: Major disposals such as this tend to be price-sensitive events, as they may influence the Company’s revenue streams, asset base, and future earnings potential. Investors should monitor market reactions and look for follow-up disclosures regarding use of proceeds and any strategic redeployment of capital.
• Regulatory Review: The announcement has been reviewed by the Company’s sponsor, UOB Kay Hian Private Limited, but not by the Singapore Exchange Securities Trading Limited (SGX-ST). The SGX-ST assumes no responsibility for the contents of the announcement.
• Contact for Clarifications: Investors seeking more information may contact Mr. Lance Tan, Senior Vice President at UOB Kay Hian, at 83 Clemenceau Avenue, #10-01 UE Square, Singapore 239920, or call (65) 6590 6881.

Next Steps for Investors

Shareholders are advised to stay alert for future announcements from the Company regarding the financial outcome of the disposal, the intended use of proceeds, and any changes to the Group’s strategic direction following the exit from its Saudi Arabia subsidiary. As the transaction could affect both the risk profile and growth opportunities for Advanced Holdings Ltd., it is an event that may influence the Company’s valuation and share price in the near term.

Disclaimer: This article is prepared for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Investors should perform their own due diligence and consult with professional advisors before making investment decisions. The information is based on public disclosures by Advanced Holdings Ltd. as of 9 March 2026 and may be subject to change or updates.

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