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COMPLETION OF THE PROPOSED DISPOSAL
Further to the Announcement, the Board wishes to announce that the Disposal has been completed on 12 May 2026.
The Board further wishes to clarify that the transfer of the Sale Shares was effected on 28 March 2026, following completion of the relevant transfer procedures and filings. The period between 28 March 2026 and Completion was primarily attributable to completion of administrative procedures, documentary updates and the obtaining of the relevant approvals and confirmations from the authorities, in relation to the transfer of the Sale Shares.
Pursuant to the Completion, the Purchaser has paid an aggregate cash consideration of S$488,000 to P.J. Services for the Disposal. Following Completion, P.J. Services has ceased to hold any equity interest in PJM and PJM has ceased to be a subsidiary of the Company with effect from 28 March 2026.
Management Had Chosen To Release The Good News During The Corporate Actions Period. More Juicy Announcement To Be Made In Coming Weeks, Stay Tuned!
NOTICE OF RECORD DATE FOR THE RIGHTS ISSUE
NOTICE IS HEREBY GIVEN that the Register of Members and the Share Transfer Books of the Company will be closed at 5.00 p.m. (Singapore time) on 3 June 2026 (the &ldquo Rights Issue Record Date&rdquo ) for the purposes of determining the provisional allotments of Rights Shares to Entitled Shareholders under the Rights Issue, which comprises Entitled Depositors and Entitled Scripholders.
The Shares will trade on a &ldquo cum-rights&rdquo basis on the Catalist of the SGX-ST up to 5.00 p.m. (Singapore time) on 29 May 2026. The Shares will trade on an &ldquo ex-rights&rdquo basis from 9.00 a.m. (Singapore time) on 2 June 2026 and any person who purchases Shares on and from 2 June 2026 will not be entitled to any provisional allotment of Rights Shares under the Rights Issue.
THE SHARE CONSOLIDATION
The Share Consolidation shall be effective from 9.00 a.m. on the Market Day immediately following the Share Consolidation Record Date, being 20 May 2026 (the &ldquo Share Consolidation Effective Trading Date&rdquo ).
INDICATIVE TIMELINE
The table below sets out the indicative timetable for the Share Consolidation:
Expected Time and Date Event
5.00 p.m. on 15 May 2026 - Last date and time for trading of the Existing Shares on Pre-Share Consolidation basis
9.00 a.m. on 18 May 2026 - Commencement of trading on a Post-Share Consolidation basis
5.00 p.m. on 19 May 2026 - Share Consolidation Record Date
9.00 a.m. on 20 May 2026 - Share Consolidation Effective Trading Date
The Board wishes to announce that the Company has, on 7 May 2026, issued and allotted an aggregate of 30,000,000 new ordinary shares in the capital of the Company (&ldquo New Shares&rdquo ) pursuant to the exercise of 30,000,000 options granted under the ESOS to employees of the Group, at the exercise price of S$0.001 per New Share.
(1) PROPOSED SHARE CONSOLIDATION OF EVERY ONE HUNDRED AND FIFTY (150) EXISTING ORDINARY SHARES IN THE CAPITAL OF THE COMPANY INTO ONE (1) ORDINARY SHARE IN THE CAPITAL OF THE COMPANY (&ldquo SHARE CONSOLIDATION&rdquo )
(2) PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE ON THE BASIS OF SIX (6) RIGHTS SHARES FOR EVERY FIVE (5) CONSOLIDATED SHARES IN THE CAPITAL OF THE COMPANY HELD BY THE ENTITLED SHAREHOLDERS AS AT A RECORD DATE TO BE DETERMINED, FRACTIONAL ENTITLEMENTS TO BE DISREGARDED (&ldquo RIGHTS ISSUE&rdquo )
RECEIPT OF LISTING AND QUOTATION NOTICE
A Vertical Automated Tyres Pyrolysis System Costing Half A Million Dollars Would Likely Be Somethings Below!
https://www.youtube.com/watch?v=hHSmsorx5RU& t=503s
Vertical Automatic Waste Tyre Pyrolysis Production Lines (AI Mode Search)
Vertical automatic waste tyre pyrolysis production lines are advanced industrial systems designed to convert scrap tires into valuable resources like fuel oil, carbon black, and steel wire through thermal decomposition in an oxygen-free environment. Unlike traditional horizontal batch systems, " vertical" often refers to the design of the condenser systems used to liquefy oil gas, which can improve cooling efficiency and oil yield
Key Components of a Production Line
A fully automatic production line typically includes these integrated systems:
- Pre-treatment Equipment: Shredders and steel wire drawing machines that process whole tires into smaller rubber granules (often 5mm&ndash 8mm or 10 mesh) to ensure smooth, continuous feeding.
- Automatic Feeding System: Sealed conveyors that transport raw materials into the reactor without allowing air to enter, maintaining a safe, oxygen-free environment.
- Vertical Condensing System: A multi-stage industrial cooling system, often featuring four or more vertical condensers in series, designed to efficiently convert oil vapor into liquid pyrolysis oil.
- Pyrolysis Reactor: The core high-temperature chamber where the thermal cracking occurs. In automatic continuous systems, these can operate 24/7 for weeks at a time.
- Automatic Discharging System: Fully-sealed mechanisms that remove carbon black and steel wire from the reactor even while it remains at high temperatures, preventing dust pollution.
Common Specifications & Output
| Feature | Typical Value | Source |
|---|---|---|
| Daily Capacity | 10 to 60+ Tons per day | |
| Oil Yield | 35% &ndash 50% (avg. ~42%) | |
| Carbon Black | 30% &ndash 37% | |
| Steel Wire | 12% &ndash 15% | |
| Operating Temp | 200° C &ndash 550° C |
Management Did Not Share Manufacturer Or Made & Model, Otherwise Can Get More Detailed Specification!
So Long As The Wars Drags On, Oil Price Will Remain High And Not Going To Come Down Any Time Soon!
Glad Management Is Unlocking Its Potential On Renewable & Green Energy Business Now, Creating A Sustainable Future!
https://links.sgx.com/FileOpen/Annica%20-%20FY2025%20AGM%20Presentation.ashx?App=Announcement& FileID=886650
Annica' s PowerPoint Presentation - Key Takeaway!
Energy Transition Platform via Renewable Segment
Green Technology and Recycling via H2 Energy Group &ndash Driving Future Growth
Focus: Solar and Hydrogen hybrid systems
Pilot project: Long Loyang Clinic (24/7 clean energy solution)
Value Proposition:
Reduce diesel dependency
Lower long-term energy costs
Enhance energy security
Applications:
Rural electrification
Telco towers
Microgrids
Healthcare facilities
Circular Economy & Sustainable Fuels via Cahya Suria Energy Sdn Bhd
New Growth Pillar
Conversion of industrial waste into fuel
End-of-life tyre recycling initiatives
Alternative fuel for industrial applications
New recurring revenue streams
Integrated Energy Platform - Annica&rsquo s Future Model
Engineering & Oilfield Services
Renewable Energy
Sustainable Fuels - Circular Economy
Regional Supply Chain Ecosystem
Growth Strategy - Scaling the Next Phase of Growth
Expand green technology deployment in Malaysia & ASEAN
Develop microgrid projects (e.g. rural communities)
Expand into telecommunications tower energy solutions
Strengthen strategic partnerships (technology & EPC)
Explore M& A opportunities
https://www.loganenergy.com/logan-energy-set-to-accelerate-the-rollout-of-green-hydrogen-in-malaysia/
June 2025
Scottish green hydrogen specialist Logan Energy Ltd is set to accelerate the deployment of hydrogen infrastructure in Sarawak, following the signing of a landmark Memorandum of Understanding (MoU) with Malaysian company H2 Energy Sdn Bhd
Scottish green hydrogen specialist Logan Energy Ltd is set to accelerate the deployment of hydrogen infrastructure in Sarawak, following the signing of a landmark Memorandum of Understanding (MoU) with Malaysian company H2 Energy Sdn Bhd
" This strategic partnership marks a significant step towards accelerating the development and deployment of hydrogen solutions in Sarawak. By combining Logan Energy& rsquo s extensive hydrogen experience and expertise with H2 Energy& rsquo s local knowledge and operational capabilities, the two organisations are uniquely positioned to deliver hydrogen infrastructure projects in the region.
One such project is the Kuching Urban Transport System (KUTS), which will provide the 700,000 residents of Greater Kuching with a hydrogen-powered public transportation network.
H2 Energy has already delivered a hydrogen energy system at Long Loyang Clinic, which is powering critical services for over 2,000 residents in the rural, off-grid village. Logan Energy will support scaling the technology, potentially impacting tens of thousands of people living in rural communities across Sarawak."
H2 Energy Sdn Bhd
Green Hydrogen System Integrator company based in Sarawak, Malaysia.https://www.youtube.com/watch?v=2FKu_siOvk8
|
Dug Up Some Past Event! Long Bedian set to be Malaysia' s first village to be powered by green hydrogen https://hydrogenapac.com/2024/03/27/long-bedian-set-to-be-msias-first-village-to-be-powered-by-green-hydrogen/ & ldquo The small-scale Long Loyang pilot project was implemented by H2 Energy and it was a successful project based on the validated data from the H2E system. & ldquo The system at Long Loyang Health Clinic has been operating 24/7 and uninterrupted since it was commissioned in December 2021, |
Renewable energy solutions for off-grid communities in Sarawak, such as solar PV and small-scale hydro, are deployed under the Sarawak Alternative Rural Electrification Scheme (SARES) to replace expensive, polluting diesel generators. These community-supported projects provide sustainable 24/7 power, with emerging solutions focusing on hybrid PV/Hydro/Battery systems and hydrogen storage to ensure reliability in remote areas.
Emerging Technologies
With the Hydrogen Fuel Cells System, H2Energy is implementing hydrogen storage as an alternative to lead-acid batteries, eliminating the need for frequent, costly battery replacements (every 3-5 years) and providing long-term, low-maintenance energy storage.
H2Energy offers 24/7 power availability, fool-proof operations and is modular, highly suitable for rural and remote areas. Cost effective and eco-friendly, the cradle to grave impact of fuel cells is much more sustainable than batteries and system is zero-emission.
Annica' s Subsidaries!
Updated H2 Energy Sdn Bhd Website.
https://www.htenergy.co/
H2E International Pte Ltd Website
https://www.htenergy.co/h2einternational
Panah Jaya Services Pte Ltd - 13 January 2026 - Proposed Disposal For S$488,000
https://www.pjservices.com.sg/
Industrial Engineering System Pte Ltd. (Proposed Disposal For S$1,500,000 - As of May 2025, the disposal did not complete as scheduled because the purchaser failed to perform their obligations under the Sales and Purchase Agreement) - Website Down!
Looks Like Annica Is Streamlining Non-Core Assets, To Focus On Green Energy Solutions!
Found An Old Video Released Last Year!
Breaking Ground in Energy Transformation | ACES Circle | Annica Holdings
https://www.youtube.com/watch?v=K10vrqpf33Q
For Bro Who Are Interested To Know More About Annica!
The Non-Independent and Non-Executive Director, Mr. Lim In Chong Purchase Another 100 Millions Shares Via Off-Market Transaction On 19 January 2026, Bring His Direct Holding From 6.19% To 6.67%, Displaying Unwavering Support And Confidence In The Company.
Recent Events
Proposed Disposal of 60% Equity Interest in Panah Jaya Makmur Sdn Bhd
P.J. Services Pte Ltd, a wholly-owned subsidiary of the Company, has, on 13 January 2026, entered into a sale and purchase agreement with Wong Khuan Teck in relation to the disposal by the Vendor of 600 ordinary shares in the capital of Panah Jaya Makmur Sdn Bhd, a direct subsidiary of the Vendor, representing 60% of the total issued and paid-up share capital of PJM, to the Purchaser. The aggregate cash consideration for the Sale Shares to be paid by the Purchaser to the Vendor in connection with the Proposed Disposal is S$488,000.
Proposed Share Consolidation
The Company is proposing to undertake a share consolidation of every one hundred and fifty existing issued ordinary shares in the capital of the Company held by the shareholders of the Company as at a record date to be determined by the Directors into one Consolidated Share. The Proposed Share Consolidation was approved by the shareholders during an extraordinary general meeting held on 9 April 2026.
Proposed Renounceable Non-Underwritten Rights Issue
Upon the completion of the Proposed Share Consolidation, the Company is proposing to undertake a renounceable non underwritten rights issue of up to 168,457,231 Consolidated Shares at an issue price of S$0.034 for each Rights Share, on the basis of six Rights Shares for every five Consolidated Shares held by the Shareholders as at a time and date to be determined by the Directors for the purpose of determining the entitlement. The Proposed Rights Issue was approved by the shareholders during an extraordinary general meeting held on 9 April 2026.
Missing one set of vertical automatic waste-tyre pyrolysis production line
On 23 February 2026, the director of Cahya Suria Energy Sdn. Bhd., a direct subsidiary of H2E International Pte. Ltd., which is a wholly-owned subsidiary of the Company, lodged a police report in respect of a missing set of vertical automatic waste-tyre pyrolysis production line located at Tanjung Malim, Perak, Malaysia. The financial impact of the missing equipment is approximately $403,000. The carrying amounts of assets and liabilities as at year-end have not been adjusted.
Total Profit For Financial Period Q4 On Q4 Increased 95% From $270,000 (2024)To $527,000 (2025), With External Sales Of Goods From Industrial Engineering Systems Increased From $4,994,000 (Q42024) To $5,253,000 (Q42025).
Total Comprehensive Income For The Period Q4 On Q4 Increased > 100% From $217,000 (2024) To $544,000 (2025)
EPS = 0.0025 Cent
Net Asset Increased From $2,116,000 (2024)To $3,636,000 (2025)
The Group Had Previously Proposed To Dispose It' s Industrial Engineering Systems (IES) For A Consideration Of S$1,500,000 But Was Not Completed. (The Purchaser Is A Singaporean And A Corporate Legal Counsel Practicing in Singapore.)