Yamada Green Resources Announces Proposed Disposal of Office Unit at 20 Cecil Street, Singapore

Key Highlights of the Transaction

• Disposal of Investment Property: Yamada Green Resources Limited (“Yamada” or the “Company”) has entered into an agreement to sell its office unit located at 20 Cecil Street, #06-02 PLUS, Singapore 049705 to Bio Majesty Pte. Ltd., an unrelated third party, for a consideration of S\$1,325,000.
• Loss on Disposal: The sale consideration is S\$75,000 lower than the property’s book value of S\$1,400,000 as at 31 December 2025. The transaction will result in a loss on disposal, which will be reflected in the Company’s financial statements.
• Impact on Financials: The property generated approximately S\$22,600 in net profit before tax for the first half of FY2026. The transaction will have a negative impact on net tangible assets (NTA) and earnings per share (EPS).
• Use of Proceeds: The proceeds from the sale will be used for general working capital purposes.
• Transaction Process: The purchaser has paid a 5% deposit (S\$66,250 including S\$13,250 option money). Completion of the sale is expected by 30 June 2026.
• Regulatory Implications: The disposal constitutes a “discloseable transaction” under the SGX Listing Rules; no shareholder approval is required.

Detailed Information for Investors

Transaction Details

The office unit being disposed of is 517 square feet in size. The agreed sale price was reached after arm’s length negotiations. The transaction does not involve any related parties, and the purchaser, Bio Majesty Pte. Ltd., has no connections to the Company’s directors or major shareholders.

Financial Effects

• NTA Per Share: After the disposal, the Group’s NTA per share will decrease slightly from 133.9 RMB cents to 133.4 RMB cents.
• EPS Impact: The Group’s loss per share will increase from 11.7 RMB cents to 12.3 RMB cents, reflecting the loss on disposal.
• Relative Size of Transaction: The sale represents 3.3% of Group NAV, 19.8% of Group net profits (based on 1H2026), and 6.8% of market capitalization.

Rationale Behind the Disposal

The Board believes the transaction is in the best interests of the Group, as it allows for the realisation and unlocking of value from the property. The funds will be redeployed into the Group’s general working capital, potentially supporting other business activities or strengthening the balance sheet.

Shareholder Considerations & Price Sensitivity

• Loss on Disposal: The transaction will be booked at a loss, which may negatively impact the Company’s profitability metrics for the period.
• No Dilution: There will be no new shares issued in connection with the sale.
• No Management Changes: No changes to the Board or management, and no new service contracts will be entered into in connection with the transaction.
• Regulatory Compliance: The transaction does not require shareholder approval, but constitutes a price-sensitive event as it involves the realisation of a loss and will affect reported results.
• Completion Risk: Shareholders are cautioned that the sale is subject to completion by 30 June 2026 and contingent upon conditions in the Option to Purchase (OTP). If not completed, the option money will be forfeited.

Availability of Documents & Further Announcements

A copy of the OTP is available for inspection at the Company’s registered office for three months from the date of announcement. The Company will provide further updates as material developments occur.

Investor Advisory

Investors and shareholders are advised to exercise caution when dealing in the Company’s securities, as the completion of the disposal remains subject to fulfilment of conditions specified in the OTP. Those unsure of the implications should seek advice from professional advisers.

Disclaimer: This article is prepared for informational purposes only and does not constitute investment advice or an offer to buy or sell any securities. Investors should conduct their own due diligence and consult professional advisers before making any investment decisions. The information herein is based on the Company’s public announcement dated 24 April 2026 and may be subject to change.

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