NutryFarm International Limited Announces Incorporation of New Singapore Subsidiary

Key Highlights

• NutryFarm International Limited has established a wholly-owned subsidiary named DC Green Development Pte. Ltd. in Singapore.
• The subsidiary was officially incorporated on 22 April 2026 with an issued and paid-up capital of SGD10,000.00.
• Mr Niu Liming (Executive Director and CEO of NutryFarm International) and Ms Tan Chui Eng have been appointed as directors of DC Green Development.
• The incorporation was funded entirely by internal resources.
• The Board states that this move is not expected to have any material impact on the net tangible assets per share or earnings per share for the financial year ending 30 September 2026.
• No Board member or substantial shareholder has any direct or indirect interest in the incorporation, aside from their shareholdings in NutryFarm International.

Investor Insights & Potential Impact

The establishment of DC Green Development Pte. Ltd. signals NutryFarm International’s intent to expand its footprint in Singapore, potentially opening up new business opportunities and partnerships. However, the initial capital commitment is relatively modest (SGD10,000), and the Board has explicitly stated that this move is not expected to have a material impact on the company’s financials for the current fiscal year.

For shareholders and investors, it is important to note:

• No immediate financial impact: The incorporation will not significantly affect NutryFarm’s net tangible assets per share or earnings per share in 2026.
• No change in shareholding interests: There are no related party transactions or special interests from the Board or substantial shareholders in this subsidiary, aside from their existing shareholdings.
• Strategic direction: While the creation of a new subsidiary could indicate strategic expansion, the limited initial capital suggests that significant developments or contributions to group earnings may only materialize in the longer term, depending on future business activities undertaken by DC Green Development.
• Leadership: The appointment of Mr Niu Liming, the current CEO, as a director of the subsidiary ensures direct oversight and alignment with NutryFarm’s broader corporate objectives.

Conclusion

While the incorporation of DC Green Development Pte. Ltd. reflects NutryFarm’s ongoing business expansion efforts, the Board’s statement on the lack of material impact on the current year’s financials means this announcement is not expected to move the share price in the short term. Investors should monitor future updates regarding the subsidiary’s activities for any material developments.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. All information is based on disclosures from NutryFarm International Limited as of 22 April 2026.

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