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PROPOSED DISPOSAL OF 51% INTEREST IN ASSOCIATED COMPANY &ndash DC ALLIANCE PTE. LTD.
The Board of Directors (the &ldquo Board&rdquo ) of Figtree Holdings Limited (the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) would like to announce that the Company&rsquo s associated company, DC Alliance Pte. Ltd. (&ldquo DCAPL&rdquo ), has entered into a letter of intent to dispose of its 51% interest in the issued and paid-up share capital of DCAPL (the &ldquo Proposed Disposal&rdquo ). The Proposed Disposal is in connection with the proposed acquisition by Asiaphos Limited of 51% interest in the issued and paid-up share capital in DCAPL. DCAPL&rsquo s wholly-owned subsidiary company, Pier DC Pty Ltd, owns and operates a data centre facility located at 1 Martin Place, Canning Vale, Western Australia. The Proposed Disposal was reviewed and approved by the DCAPL board and subsequently approved by DCAPL shareholders. The Group currently owns 26.45% of the issued and paid-up share capital in DCAPL and subsequent to the Proposed Disposal, the Group&rsquo s interest in DCAPL will decrease to approximately 13.00%. DCAPL will cease to be an associated company of the Group and will be instead treated as an other investment in the Group&rsquo s financial statements. For further information in relation to the Proposed Disposal, please see the link below of the announcement released by Asiaphos Limited on 8 June 2026. https://links.sgx.com/1.0.0/corporateannouncements/DLVL1UB36S5R5V62/58b79158fbf0b74c840e2d6e4681de7307e05ffc5c4fd569177b54a6 a370ead3
Taking into account the financial performance and position of the Group for most recent financial year ended 31 December 2025, the Proposed Disposal is expected to have a material positive financial impact on the Group for the financial year ending 31 December 2026.
The Board of Directors (the &ldquo Board&rdquo ) of Figtree Holdings Limited (the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) would like to announce that the Company&rsquo s associated company, DC Alliance Pte. Ltd. (&ldquo DCAPL&rdquo ), has entered into a letter of intent to dispose of its 51% interest in the issued and paid-up share capital of DCAPL (the &ldquo Proposed Disposal&rdquo ). The Proposed Disposal is in connection with the proposed acquisition by Asiaphos Limited of 51% interest in the issued and paid-up share capital in DCAPL. DCAPL&rsquo s wholly-owned subsidiary company, Pier DC Pty Ltd, owns and operates a data centre facility located at 1 Martin Place, Canning Vale, Western Australia. The Proposed Disposal was reviewed and approved by the DCAPL board and subsequently approved by DCAPL shareholders. The Group currently owns 26.45% of the issued and paid-up share capital in DCAPL and subsequent to the Proposed Disposal, the Group&rsquo s interest in DCAPL will decrease to approximately 13.00%. DCAPL will cease to be an associated company of the Group and will be instead treated as an other investment in the Group&rsquo s financial statements. For further information in relation to the Proposed Disposal, please see the link below of the announcement released by Asiaphos Limited on 8 June 2026. https://links.sgx.com/1.0.0/corporateannouncements/DLVL1UB36S5R5V62/58b79158fbf0b74c840e2d6e4681de7307e05ffc5c4fd569177b54a6 a370ead3
Taking into account the financial performance and position of the Group for most recent financial year ended 31 December 2025, the Proposed Disposal is expected to have a material positive financial impact on the Group for the financial year ending 31 December 2026.
Asti Catch 🪝 🪝 🪝 🪝 🪝 🪝 🪝 short
Pollu property this one buy alot
BB retailer grab alot
I'm scare he pocket
Support 💪 the hand invisible Again
Let's see tmr still can turbo?
Just Liao
The retailer gang
A chance to run.
Back to 5 series soon.. be patient 🧐
Tomorrow is T+3 and also a Friday! share price will probably drag down...
Come and support Pan Hong.
see can clear 55.. 6 series fighter coming 
After FIG. > MFG
Follow tofu BB
Squeeze if no sc
Squeeze if no sc
good pick of the day. likely big rush like charisma yesterday. looking very good for a 6 series and higher 
fig folo charisma?
Figtree Holdings to acquire further portion of debt amounting to RMB23.3m under a second debt transfer
Figtree Holdings says that it has entered a second debt transfer agreement with China Railway Construction Engineering Group (CRCE).
The second debt transfer agreement involves CRCE agreeing to sell and assign, and the subsidiary of Figtree to acquire, a further portion of the debt owed by Vibrant Pucheng, amounting to approximately RMB23,365,327 ($4,269,665.37) for a consideration of RMB 18,000,000.
The second assigned debt, which includes accrued interest and penalties, is part of the total sum of RMB 59,385,282 plus accrued interest and penalties relating to outstanding progress payments for the construction of the multi-modal logistics distribution centre in Chongqing, China.
Figtree&rsquo s subsidiary, New Vibrant, entered into a debt transfer agreement with CRCE on Jan 22, 2025, in which it agreed to acquire a portion of the relevant debt amounting to RMB37,200,000 for a consideration of RMB30,000,000.
The board believes that the transaction is in the best interests of the group, as it would result in a financial gain of RMB 5,365,327 as well as an entitlement to interest income going forward.
CRCE has agreed not to commence any enforcement proceedings against Vibrant Pucheng for the period commencing on the date of the Second Debt Transfer Agreement and ending on June 30, 2026.
Coming soon
It can hild so long. Maybe will fly soon
Today can 48?
Another illiquidity stock bites
Stay clear first and see which direction it go.
Follow the flow...
Follow the flow...