Annica Holdings Launches Rights Issue to Raise Up to S\$5.23 Million for Renewable Energy Expansion
Key Points for Investors
- Rights Issue Announced: Annica Holdings Limited has lodged its Offer Information Statement (OIS) with the SGX for a renounceable, non-underwritten rights issue to raise up to S\$5.23 million in net proceeds.
- Issue Details: Up to 168,455,346 new ordinary shares will be issued at S\$0.034 per share, on the basis of six Rights Shares for every five existing shares held as of 5:00 p.m. on 3 June 2026 (Record Date).
- Strategic Focus: Proceeds will primarily fund the Group’s renewable energy segment, especially green hydrogen, hybrid microgrids, solar-hydrogen solutions, and off-grid electrification projects in Southeast Asia, notably Malaysia and Indonesia.
- Use of Funds: Proceeds will also support general corporate purposes, working capital, investor relations, market development initiatives, and reduce indebtedness via set-off arrangements with certain shareholders.
- Irrevocable Undertakings Received: Major shareholders representing 21.66% of existing share capital have committed to subscribe fully to their entitlements, with payment set off against amounts owed by the Company to them.
- Key Dates:
- Trading of nil-paid rights: 8 June 2026 (9:00 a.m.) to 16 June 2026 (5:00 p.m.).
- Acceptance and payment deadline: 22 June 2026 (5:30 p.m. for CDP/Share Registrar; 9:30 p.m. for ATM electronic applications).
- Access to OIS: No printed copies will be dispatched. Shareholders will receive instructions to access the electronic version via Annica’s website and SGXNet.
Details and Analysis
Annica Holdings Limited, a Singapore-based investment holding company, is taking significant steps to bolster its capital base and support its transition towards renewable energy. The Group, which has been advancing its renewable energy business since 2016, is now focusing on green hydrogen, hybrid microgrids, solar-hydrogen solutions, and off-grid electrification. These initiatives are central to its ongoing projects in Malaysia and Indonesia, reflecting a strong commitment to decentralised energy and rural electrification across Southeast Asia.
The rights issue, if fully subscribed, will raise up to S\$5.23 million in net proceeds. The offer price of S\$0.034 per Rights Share represents an opportunity for shareholders to participate in the company’s future growth at a potential discount to prevailing market prices.
The net proceeds will be strategically allocated towards:
- Project development and working capital for the renewable energy segment
- General corporate and working capital purposes
- Investor relations and market development initiatives
- Reduction of indebtedness via set-off arrangements with Undertaking Shareholders
A significant point for shareholders is the commitment from key stakeholders: Ms Sandra Liz Hon Ai Ling (Executive Director & CEO), Mr Lim In Chong, Mr Mohamed Shafeii bin Abdul Gaffoor, and Tan Sri Dato’ Seri Zulkefli Bin Ahmad Makinudin. These Undertaking Shareholders, collectively owning 21.66% of Annica’s existing issued capital, have irrevocably committed to subscribe for their pro rata entitlements (totalling 36,489,889 Rights Shares) by setting off subscription monies against debts owed to them by the Company.
The rights issue is not underwritten, meaning there is no guarantee all shares will be taken up, but the substantial undertakings from key shareholders offer a degree of confidence in the minimum funds to be raised.
Potential Price-Sensitive Elements:
- The successful completion of the rights issue will improve Annica’s financial flexibility and reduce indebtedness, strengthening its balance sheet and potentially supporting its share value.
- Expansion into hydrogen-based and off-grid renewable energy solutions positions Annica to benefit from Southeast Asia’s growing green energy market, which could positively impact future earnings and valuation.
- The discounted rights issue price may influence short-term share price dynamics, as existing shareholders consider whether to take up their entitlements.
Management Commentary
“This Rights Issue represents an important step in strengthening Annica’s capital base and financial flexibility. The proceeds will support our renewable energy business across Southeast Asia, where we see good opportunities in hydrogen-based decentralised electrification and off-grid solutions, while also providing additional working capital and strengthening our balance sheet. We appreciate the continued support of our shareholders and look forward to updating the market on our progress.”
– Ms Sandra Liz Hon Ai Ling, Executive Director and CEO
How to Participate
Entitled shareholders will receive a provisional allotment of nil-paid rights for their entitlements. The rights can be traded on the SGX from 8 June to 16 June 2026. Full details and application procedures are available in the OIS, accessible electronically via Annica’s website and SGXNet. Shareholders should pay close attention to deadlines for acceptance, payment, and application for excess rights.
Company Overview
Annica Holdings Limited is an investment holding company with operations in Singapore, Malaysia, and Indonesia. Its businesses span trading oilfield equipment, industrial plant design and engineering services, integrated renewable energy solutions, and investment holdings. The company is listed on SGX Catalist.
Contact Information
- Media: Ms Sandra Liz Hon Ai Ling ([email protected], +65 6221 1123)
- Investor Relations: Isaac Tang, WeR1 Consultants ([email protected], +65 6677 3032)
Important Note
ZICO Capital Pte. Ltd. is acting as the Manager of the Rights Issue. The press release has not been reviewed or approved by the Singapore Exchange (SGX-ST), which assumes no responsibility for the content.
Disclaimer
This article is for informational purposes only and does not constitute investment advice or a recommendation to participate in the rights issue or to buy or sell any securities. Investors should refer to the official Offer Information Statement and consult their financial advisors before making any investment decisions.
安尼卡控股（Annica Holdings）发起可供股东认购的配股计划，净筹资最高达523万新元，用于扩展可再生能源业务
投资者需关注的要点
- 配股发行：安尼卡控股已向新交所（SGX）递交配股说明书，拟进行可供股东转让的非包销配股计划，净筹资最高为523万新元。
- 发行细节：公司将以每股0.034新元的发行价，按每持有5股现有股份可获6股配售权的比例，发行最多168,455,346新普通股。基准日期为2026年6月3日下午5时。
- 战略聚焦：募集资金将主要用于发展可再生能源业务，特别是绿色氢能、混合微电网、太阳能-氢能解决方案及东南亚（如马来西亚和印尼）离网电气化项目。
- 资金用途：配股筹得资金还将用于公司日常运营资金、市场及投资者关系开发、偿还债务（通过与部分股东的债权冲抵方式）。
- 重要承诺：主要股东（持股21.66%）已不可撤销承诺全额认购其可分配份额，认购款项将以公司对其所欠债务抵销。
- 关键时间节点：
- 配股权交易：2026年6月8日（上午9:00）至6月16日（下午5:00）
- 认购及付款截止：2026年6月22日（CDP/登记处：下午5:30；ATM电子申请：晚上9:30）
- 配股说明书获取：不邮寄纸质说明书，股东将收到获取电子版的通知（公司官网及SGXNet）。
详情与分析
安尼卡控股（新加坡上市公司）正大力加强资本基础，支持其可再生能源转型。自2016年以来，集团专注于绿色氢能、混合微电网、太阳能-氢能解决方案及离网电气化项目，致力于东南亚地区的分布式能源和农村电气化，重点布局马来西亚和印尼。
若配股全部完成，将净筹523万新元。每股0.034新元的配股价为现有股东提供以折让价参与公司成长的机会。
资金主要投入方向包括：
- 可再生能源项目开发与营运资金
- 日常运营与一般企业用途
- 投资者关系与市场开拓
- 通过债务冲抵减少公司负债
值得注意的是，执行董事兼CEO洪爱玲女士等主要股东已承诺认购其全部份额（共36,489,889股），以公司所欠款项抵销认购款。这一承诺为配股成功提供基本保障。
潜在影响股价的要素：
- 配股成功将提升公司财务灵活性，降低负债，有助于改善资产负债表，或利好股价表现。
- 向氢能与离网可再生能源领域扩展，契合东南亚绿色能源增长趋势，未来盈利及估值有望提升。
- 配股价折让，可能短期内影响二级市场股价波动，需关注市场认购反应。
管理层评论
“此次配股是加强资本基础和财务灵活性的重要一步，资金将支持我们在东南亚推进氢能为核心的分布式电气化与离网解决方案，并加强营运资金和资产负债表。感谢股东持续支持，未来将及时披露进展。”
——洪爱玲，执行董事兼CEO
认购方式
合资格股东将获得无偿配股权，可于指定期间（6月8日至16日）在新交所交易。详细流程和申请办法见公司官网及SGXNet电子说明书。请严格关注认购及付款截止时间。
公司简介
安尼卡控股主营业务涵盖油田设备贸易、工业厂房设计与工程服务、可再生能源集成方案、投资控股，业务遍布新加坡、马来西亚、印尼。公司在新交所凯利板上市。
联系方式
- 媒体：洪爱玲女士（[email protected], +65 6221 1123）
- 投资者关系：Isaac Tang, WeR1 Consultants（[email protected], +65 6677 3032）
重要提示
ZICO Capital为配股经理。新闻稿未经新交所审查或批准，新交所不对内容承担责任。
免责声明
本文仅供参考，不构成投资建议或认购、买卖证券的推荐。投资者应查阅正式配股说明书，并咨询专业顾问后作出投资决策。
