Hatten Land Limited Submits Pre-Admission Notification for Proposed Reverse Take-Over of Metrocon Pte. Ltd.

Key Highlights for Investors

• Hatten Land Limited (under Judicial Management) has submitted a Pre-Admission Notification to the Singapore Exchange Securities Trading Limited (SGX-ST) regarding the proposed acquisition of Metrocon Pte. Ltd.
• The proposed acquisition will be classified as a Reverse Take-Over (RTO) under Rule 1015 of the Catalist listing manual.
• This RTO proposal is a significant corporate action that could fundamentally reshape Hatten Land’s business direction and structure, which may have a material impact on the company’s valuation and share price.
• Trading in Hatten Land’s shares has been suspended since 6 August 2024. The company remains under judicial management.
• The submission was made on 17 April 2026 through the Company’s Financial Adviser and Sponsor, RHT Capital Pte. Ltd.

Important Information for Shareholders

• Despite the trading suspension, shareholders and investors are strongly advised to closely monitor all announcements from the Company, both current and future. The RTO process may significantly affect the value and future prospects of Hatten Land Limited.
• If shareholders or investors are unsure about their position or the impact of these developments, they are encouraged to consult with their stockbrokers, bank managers, solicitors, or other professional advisors.
• The announcement makes it clear that the Singapore Exchange has neither examined nor approved the contents of the submission, and it assumes no responsibility for its accuracy or any opinions offered within it.
• Any decision or action taken by shareholders and investors regarding Hatten Land’s shares should be made with caution and after seeking appropriate professional advice.

Share Price Sensitivity and Potential Market Impact

• The proposed Reverse Take-Over, if approved, would typically be considered highly price sensitive information since it could result in a complete change of business, management, and prospects for the Company.
• Given that the shares have been suspended, investors will closely watch for further announcements regarding the progress and details of the RTO, as well as any decision on the lifting of the trading suspension.
• The outcome of this corporate action could provide a pathway for Hatten Land Limited to restructure its operations, potentially creating new value or risks for existing shareholders.

Contact Details for Further Information

The sponsor for this submission is RHT Capital Pte. Ltd.
Contact person: Mr. Josh Tan
Address: 36 Robinson Road, #10-06 City House, Singapore 068877
Email: [email protected]

Disclaimer: This article is for informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any securities. Investors should refer to official company announcements and consult professional advisors before making any investment decisions. The Singapore Exchange Securities Trading Limited assumes no responsibility for the contents of this article.

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