Asset Acquisitions and Disposals::Announcement Pursuant to Rule 706A of the SGX Listing Manual

Issuer & Securities

Issuer/ Manager
GOLDEN AGRI-RESOURCES LTD
Securities
GOLDEN AGRI-RESOURCES LTD - MU0117U00026 - E5H
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
14-Aug-2025 18:28:24
Status
New
Announcement Sub Title
Announcement Pursuant to Rule 706A of the SGX Listing Manual
Announcement Reference
SG250814OTHRH2B4
Submitted By (Co./ Ind. Name)
Pauline Ng
Designation
VP, Corporate Secretarial
Description (Please provide a detailed description of the event in the box below)
Pursuant to Rule 706A of the Listing Manual of the Singapore Exchange Securities Trading Limited, Golden Agri-Resources Ltd ("GAR" or the "Company" and together with its subsidiaries, the "Group") wishes to announce the following in respect of the half year ended 30 June 2025:-

1. Change of interest in subsidiary

GEF Foods India Private Limited ("GEF")

Following the allotment of 3,000,000 (three million) new shares for an aggregate amount of INR210,000,000 (equivalent to approximately US$2,428,000) in the share capital of GEF to new shareholders (the "Allotment"), the effective interest of the Company in GEF, a subsidiary of the Group, has decreased from 56.27% to 39.39%. Following the Allotment, GEF remains a subsidiary of the Group.

2. Cessation of subsidiary

Golden Americas Pte. Ltd. ("Golden Americas")

Golden Americas, a wholly owned subsidiary incorporated in Singapore, has been struck off from the Register of Companies.


Note: The amount in US$ equivalent using the exchange rate of INR1.00 = US$0.011561



Rafael Buhay Concepcion, Jr.
Director
GOLDEN AGRI-RESOURCES LTD
14 August 2025