SDAI Limited Provides Monthly Update on Compulsory Liquidation of Subsidiary

Key Points for Investors

• SDAI Limited (SGX: Suspended) continues to update shareholders regarding the compulsory liquidation of its subsidiary, KHL Marketing Asia-Pacific Pte Ltd, as required by Catalist Rule 704(22).
• The update covers developments since the last announcement dated 27 March 2026.
• No further material developments have occurred since the previous update, according to the Board.
• The company’s shares have been suspended from trading on the SGX-ST since 12 July 2021.
• Shareholders and potential investors are advised to review all announcements carefully and consult professional advisers if uncertain about any actions.
• The company will continue to provide monthly updates and will release further announcements if there are any material developments.
• This announcement has been reviewed by the company’s sponsor, ZICO Capital Pte. Ltd.
• The announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (SGX-ST), and SGX-ST assumes no responsibility for its contents.
• Contact details for the sponsor are provided for further queries.

Detailed Analysis and Implications for Shareholders

SDAI Limited has issued its regular monthly update pursuant to the requirements of the Singapore Exchange Securities Trading Limited (SGX-ST) Catalist Rule 704(22). The update is related to the ongoing compulsory liquidation of KHL Marketing Asia-Pacific Pte Ltd, a subsidiary of SDAI Limited. The Board confirms that, as of the latest update, there have been no further material developments that may significantly affect the company’s financial position. This means there has been no news regarding asset realization, creditor settlements, or any other event that could impact the parent company’s financials or shareholder value.

Importantly, the shares of SDAI Limited remain suspended from trading since 12 July 2021. There is no indication in the latest update that this suspension will be lifted soon. For investors, this is a crucial point, as liquidity and tradability of shares continue to be restricted.

The company emphasizes the importance of shareholders and potential investors reading all updates and consulting with their financial and legal advisors if they are uncertain about what actions to take. This is especially pertinent given the ongoing liquidation process, which could eventually result in further developments impacting shareholder value, such as proceeds distribution or asset write-downs. However, as of now, no such developments have occurred.

The company commits to ongoing transparency, promising to issue monthly updates and further announcements should any material events arise. The announcement has been reviewed by ZICO Capital Pte. Ltd., the company’s sponsor, but has not been examined or approved by SGX-ST. The sponsor’s contact details are provided for any further queries.

Shareholder Advisory

There are no new material events or price-sensitive information reported in this update. Shareholders should continue to monitor monthly updates for any changes that might impact the company’s financial position or their investments. The suspension of trading remains a key issue for investor consideration.

Disclaimer

This article is intended for informational purposes only and does not constitute investment advice. Investors should consult their financial advisers, legal counsel, or other professional advisers before making any investment decisions. The information is based on company announcements and does not reflect the approval or endorsement of the Singapore Exchange Securities Trading Limited (SGX-ST).

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