Mary Chia Holdings Limited Completes Strategic Share Subscription

Key Highlights

• Successful Subscription: Mary Chia Holdings Limited has completed the proposed subscription of 5,714,285 new ordinary shares at a price of S\$0.035 per share.
• Completion Date: The subscription was finalized on 9 March 2026.
• Increase in Share Capital: Post-subscription, the Company’s issued and paid-up ordinary shares increased from 328,128,683 to 333,842,968.
• Listing of New Shares: The new subscription shares are expected to be listed and quoted on the Catalist of the SGX-ST at 9:00 a.m. on or around 11 March 2026.

Details for Shareholders and Investors

• Share Issuance Terms: The newly issued shares are fully paid-up and free from claims, charges, liens, mortgages, securities, pledges, equities, encumbrances, or other interests. These shares rank pari passu with existing ordinary shares, carrying all similar rights except they will not be entitled to dividends, rights, allotments, or other distributions for which the record date falls on or before the completion date.
• Potential Impact on Share Price: The completion of this subscription and the resulting increase in share capital may be price sensitive. The dilution effect, as well as the entry of new investors, could affect the trading dynamics and valuation of the Company’s shares. Investors should be aware that such changes can impact both short-term and long-term share price movements.
• Trading Caution: The Company has advised shareholders and potential investors to exercise caution when dealing in its shares. It is recommended to carefully read all related announcements and consult professional advisors if there are any uncertainties regarding investment actions.
• No Indication of Investment Merits: Shareholders should note that the Listing and Quotation Notice (LQN) does not reflect the merits of the subscription, the new shares, the Company, its subsidiaries, or its securities.

Corporate Governance and Regulatory Notes

• Board Confirmation: The Board, led by CEO Ho Yow Ping, confirms the completion of the subscription and the allotment of shares according to the Subscription Agreement.
• Sponsor Review: The announcement has been reviewed by Evolve Capital Advisory Private Limited, the Company’s sponsor. However, the Singapore Exchange Securities Trading Limited (SGX-ST) has not examined or approved the contents, and assumes no responsibility for the correctness of statements or opinions made.
• Contact for Further Information: Investors can reach out to Mr Jerry Chua of Evolve Capital Advisory for queries at Tel: (65) 6241 6626, 160 Robinson Road, #20-01/02, SBF Center, Singapore 068914.

Conclusion

The completion of this strategic share subscription marks an important milestone for Mary Chia Holdings Limited, potentially impacting the Company’s capital structure and share price going forward. Investors should stay informed and monitor further announcements for developments that may affect their investment decisions.

Disclaimer

This article is for informational purposes only and does not constitute financial advice, an offer, or solicitation to buy or sell any securities. Investors are advised to consult professional advisors and review all official Company announcements before making any investment decisions. The Singapore Exchange Securities Trading Limited has not reviewed or approved the contents of this article.

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