AnnAik Limited Announces Major Acquisitions to Boost Stake in Key Environmental Subsidiaries
Key Highlights
- AnnAik Limited, through its wholly-owned subsidiary Anxon Environmental Pte. Ltd., is acquiring significant additional stakes in three key China-based environmental engineering and wastewater treatment companies.
- The acquisitions will increase AnnAik’s effective shareholding in these companies to between 81.6% and 88% from previous levels of 62% to 66%.
- Total purchase consideration amounts to approximately RMB 34.86 million (S\$6.41 million), to be funded through internal resources and bank borrowings.
- The deals are expected to be earnings accretive, turning a previous loss per share into a profit per share, and increasing the Group’s net tangible asset (NTA) per share.
Details of the Acquisitions
The Board of Directors of AnnAik Limited announced that Anxon Environmental Pte. Ltd. has entered into a series of sale and purchase agreements (SPAs) on 31 July 2026 to acquire additional equity interests in the following companies:
- AngWei Environmental Ecological & Engineering (Shanghai) Co., Ltd (“Shanghai AngWei”):
- Acquisition of 22% additional equity (16% from Ye Shaolin and 6% from Bai Xianghu), raising AnnAik’s stake from 66% to 88%.
- Consideration: RMB 17,212,882 (RMB 12,518,460 to Ye Shaolin and RMB 4,694,422 to Bai Xianghu).
- Shanghai AngWei’s audited FY2025 profit before tax: RMB 12.23 million, NAV: RMB 102.42 million.
- Payment in three tranches, with penalties for payment or transfer delays at 0.02% per day overdue.
- ChangXing AngWei Environmental & Ecological Engineering Co., Ltd (“ChangXing AngWei”):
- Acquisition of 22% additional equity from ChangXing Runjin, increasing AnnAik’s stake from 66% to 88%.
- Consideration: RMB 5,077,167.
- ChangXing AngWei’s audited FY2025 profit before tax: RMB 6.99 million, NAV: RMB 44.70 million.
- Payment in three tranches, with similar penalty provisions.
- Shuanglin (Huzhou) Wastewater Treatment Co., Ltd (“Shuanglin”):
- Acquisition of 19.6% additional equity (8.4% from Bai Xianghu and 11.2% from Ye Likui), increasing AnnAik’s stake from 62% to 81.6%.
- Consideration: RMB 12,574,577 (RMB 5,389,104 to Bai Xianghu and RMB 7,185,473 to Ye Likui), paid in one tranche within 60 days of SPA execution.
- Shuanglin’s audited FY2025 profit before tax: RMB 7.21 million, NAV: RMB 55.77 million.
Strategic Rationale and Impact
- These acquisitions consolidate AnnAik’s control over its environmental business in China and allow for a larger share of future cash flows and profits.
- The deals are expected to boost the Group’s financial strength, making it more flexible for future corporate initiatives.
- The acquisitions are classified as “discloseable transactions” under Catalist Rule 1010, with no need for shareholder approval.
Financial Effects and Shareholder Value
- Earnings per Share (EPS): Following the acquisitions, the Group is expected to swing from a loss per share of (0.18) S\$ cents to a profit per share of 0.12 S\$ cents (based on 288,520,000 shares).
- NTA per Share: NTA per share will increase from 22.23 S\$ cents to 24.98 S\$ cents.
- The combined net profits attributable to the assets acquired represent 51.7% of the Group’s FY2025 profit before tax—this is significant and highly price sensitive.
- The total consideration paid represents 35.5% of the Group’s market capitalisation as at the last trading day before the announcement, highlighting the material size of the deal.
Other Key Information for Shareholders
- No new directors will be appointed as a result of the transactions, and none of the vendors are related to AnnAik directors or controlling shareholders.
- All undistributed profits, surplus reserves, and retained earnings as of the equity closing date (1 January 2026) will accrue to AnnAik.
- Copies of the SPAs are available for inspection at AnnAik’s registered office for three months.
- Shareholders are advised to exercise caution and consult their advisers regarding trading in AnnAik shares.
Potential Share Price Impact
- These transactions are highly material and could significantly improve AnnAik’s future profitability, cash flows, and asset base, all of which are likely to support positive share price performance.
- The increase in effective control and earnings is expected to be viewed positively by the market, especially given the move from a net loss to a net profit for shareholders.
Disclaimer
This article is for informational purposes only and does not constitute investment advice. Investors should consult their professional advisers before making any investment decisions. The information is based on the company’s official disclosures as of 31 July 2026.
安耐有限公司宣布重大收购，提升在关键环保子公司的持股比例
要点摘要
- 安耐有限公司通过全资子公司安信环保私人有限公司，计划大举增持三家中国环保工程及污水处理公司的股权。
- 收购完成后，安耐对上述公司持股将从62%-66%提升至81.6%-88%，进一步巩固控股地位。
- 总收购对价约为人民币3486万元（新币641万元），将通过内部资金及银行借款支付。
- 交易预计将带来盈利增长，使每股利润由亏转盈，并提升集团每股净有形资产。
收购详情
安耐有限公司董事会宣布，安信环保于2026年7月31日签署若干股权收购协议，拟增持以下公司股权：
- 上海昂为环境生态工程有限公司（“上海昂为”）：
- 收购额外22%股权（其中16%来自叶少林，6%来自白祥虎），持股比例由66%提升至88%。
- 对价：人民币1,721万元（叶少林1,251.85万元，白祥虎469.44万元）。
- 2025年经审计税前利润1,223万元，净资产1.02亿元。
- 分三期付款，逾期支付或股权交割均按每日0.02%罚金计收。
- 长兴昂为环境生态工程有限公司：
- 从长兴润锦收购22%股权，持股由66%升至88%。
- 对价：人民币507.7万元。
- 2025年经审计税前利润699万元，净资产4469万元。
- 三期付款，附相同罚则。
- 湖州双林水质净化有限公司：
- 收购19.6%股权（白祥虎8.4%，叶立魁11.2%），持股由62%升至81.6%。
- 对价：人民币1,257万元（白祥虎538.9万元，叶立魁718.5万元），签约后60天内一次性付款。
- 2025年经审计税前利润721万元，净资产5577万元。
战略意义及影响
- 通过此次收购，安耐巩固其在中国环保业务领域的控制权，未来现金流和利润份额将显著提升。
- 集团资产和财务状况将进一步增强，为未来资本运作提供更大空间。
- 本次交易按Catalist规则1010仅需披露，无需股东大会批准。
财务影响及股东价值
- 每股收益（EPS）：收购后，集团每股收益由-0.18新分转为0.12新分（基于2.8852亿股本）。
- 每股净有形资产（NTA）：将由22.23新分提升至24.98新分。
- 本次收购贡献的净利润占集团2025年税前利润的51.7%，极具价格敏感性。
- 总交易对价占集团最新市值的35.5%，显示交易规模巨大。
其他对股东重要信息
- 本次交易不会新增董事，卖方与公司董事及控股股东无关联关系。
- 自2026年1月1日起，收购股权相应的未分配利润、盈余公积均归安耐所有。
- 相关协议可在公司注册地址查阅三个月。
- 建议股东理性投资，若有疑问请咨询专业顾问。
潜在股价影响
- 本次收购对集团未来盈利、现金流和资产基础有显著提升，预期对股价形成有力支撑。
- 持股提升、盈利改善，尤其是由亏转盈，市场预期正面。
免责声明
本文仅供参考，不构成投资建议。投资者应在做出投资决策前咨询专业人士。信息基于公司2026年7月31日公告。
