Metech International Completes S$1.5 Million Debt Capitalisation with Issuance of 62.5 Million New Shares

Metech International Completes Debt Capitalisation with Share Issuance

Metech International Completes Debt Capitalisation with Allotment of 62.5 Million New Shares

Metech International Limited has announced the successful completion of its Debt Capitalisation Agreement, a significant corporate action that could potentially impact share valuation and investor sentiment.

Key Highlights of the Report

Issuance and Allotment of New Shares: On 2 June 2026, Metech International completed the issuance and allotment of 62,500,000 new Conversion Shares to its lender at a conversion price of S\$0.024 per share.
Increase in Share Capital: Following this allotment, the total number of issued shares has increased from 201,010,200 to 263,510,200.
Debt Fully Repaid via Equity: The corresponding capitalised loan of S\$1,500,000 is now considered fully repaid, and the company has no further obligations to the lender regarding this loan.
Share Rights and Status: The new Conversion Shares are fully paid-up, free from encumbrances, and rank pari passu with all existing shares, including rights to dividends declared after the completion date. These shares are not subject to any pre-emptive rights or rights of first refusal.
Listing Date: The new shares are expected to be listed and quoted on the Catalist of the SGX-ST from 9:00 a.m. on 4 June 2026.

Important Information for Shareholders

Dilution of Shareholding: The substantial increase in the company’s issued share capital is likely to dilute existing shareholders’ stakes. Investors should assess how this dilution might affect their holdings and the company’s future earnings per share.
Impact on Share Price: The conversion price of S\$0.024 per share may serve as a reference point for market valuation. The influx of new shares, alongside the repayment of S\$1.5 million in debt, could have an impact on the market price, depending on investor perception of the company’s strengthened balance sheet versus dilution effects.
Transferability and Rights: The new shares are fully transferable and carry the same rights as existing shares, including entitlement to future dividends.
SGX-ST Statement: The listing and quotation notice from SGX-ST should not be interpreted as an endorsement of the company, the conversion shares, or the debt capitalisation proposal.
Advisory Note: The board has cautioned shareholders and potential investors to exercise care when trading Metech’s securities and to seek independent professional advice if in doubt.

Further Details

The announcement has been reviewed by the company’s sponsor, Novus Corporate Finance Pte. Ltd., but not examined or approved by the Singapore Exchange Securities Trading Limited (SGX-ST).
Contact information for the sponsor is provided for further enquiries.

Potential Price Sensitivity

This corporate action involves a sizeable share issuance, a full repayment of S\$1.5 million debt without cash outflow, and may significantly alter the equity structure of the company.
Shareholders should pay attention to possible short-term volatility in Metech’s share price as the market absorbs the new shares and re-evaluates the company’s capital position.

Executive Director and CEO Pang Wei Hao signed off on this announcement on 2 June 2026.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult professional advisers before making any investment decisions. The Singapore Exchange Securities Trading Limited assumes no responsibility for the content herein.

中文版本

美德科技国际完成债务资本化，发行6,250万新股

美德科技国际有限公司宣布已成功完成其债务资本化协议，这一重要的公司行动可能对股价和投资者情绪产生影响。

报告要点

新股发行与配售：于2026年6月2日，美德科技国际以每股0.024新元的转换价，向贷款方完成62,500,000股新转换股份的发行与配售。
股本增加：此次配售后，公司已发行股份总数由201,010,200股增至263,510,200股。
债务通过股权全额偿还：对应的150万新元资本化贷款现已视为全额偿还，公司无须再就该贷款承担任何责任。
股份权利与状态：新股均为全额缴足，无任何权利负担，与现有股份享有同等权利，包括在完成日后宣布的红利权利。新股不受优先购买权或优先认购权限制。
上市日期：新股份预计将于2026年6月4日上午9点起在新交所凯利板上市和报价。

股东须知

持股稀释：公司已发行股本的大幅增加可能导致现有股东持股比例被稀释，投资者需评估其影响。
对股价的影响：转换价0.024新元/股可作为市场估值参考。新股的流入及债务的无现金偿还，可能对市场价格产生影响，具体取决于投资者对公司资本结构改善与稀释效应的看法。
股份流通与权利：新股可自由转让，并享有与现有股份相同的权利，包括未来红利权益。
新交所声明：新交所发出的上市与报价通知不应被视为对公司、转换股份或债务资本化建议的认可。
董事会建议：董事会提醒股东及潜在投资者在买卖公司证券时应保持谨慎，如有疑问应寻求专业意见。

其他细节

本公告已由公司保荐人Novus Corporate Finance审阅，但未获新加坡交易所审查或批准。
公告中提供了保荐人联系方式以供进一步咨询。

潜在的价格敏感信息

此次公司行动涉及大规模的新股发行，债务以股份形式全额偿还，或将显著改变公司股权结构。
投资者应关注美德科技股价在新股份上市后可能出现的短期波动。

本公告由执行董事兼首席执行官庞伟豪于2026年6月2日发布。

免责声明： 本文仅供参考，不构成投资建议。投资者应自行研究并在做出投资决策前咨询专业顾问。新加坡交易所对本文内容不承担任何责任。