REPL::Financial Statements and Related Announcement::Half Yearly Results
Issuer & Securities
Issuer/ Manager
NANYANG NEW DEVELOPMENT LIMITED
Securities
NANYANG NEW DEVELOPMENT LTD - SG1P13916389 - M15
Stapled Security
No
Announcement Details
Announcement Title
Financial Statements and Related Announcement
Date &Time of Broadcast
16-Aug-2026 20:23:51
Status
Replacement
Announcement Sub Title
Half Yearly Results
Announcement Reference
SG260811OTHRS2OQ
Submitted By (Co./ Ind. Name)
Dr Liu Shen
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)
This announcement supersedes the announcement (Announcement Reference SG260811OTHRS2OQ) dated 11 August 2026.
The Board of Directors of Nanyang New Development Limited (the "Company") refers to the Company's announcement dated 11 August 2026 on the unaudited condensed interim financial statements for the six months ended 30 June 2026 (the "Results Announcement").
The Board wishes to announce that, due to an inadvertent oversight, the Company noted an error in the presentation of the amount of gross proceeds received by the Company on page 30 under Paragraph 19 "Use of Proceeds", sub-paragraph (b) "Proposed Issuance of Convertible Notes announced on 23 January 2026", of the "Other Information Required by Appendix 7C of the Catalist Rules" section of the Results Announcement (the "Amendment"). Specifically, the first table setting out the summary of the gross proceeds had erroneously presented the gross proceeds received by the Company as having been received in two tranches, with S$2,079,000 incorrectly reflected as "remaining gross proceeds yet to be received". This was inconsistent with the accompanying narrative disclosure immediately above the table, which correctly stated that the Company had received the full gross proceeds of S$4,158,000 from the subscribers as at the date of the Results Announcement. The Amendment corrects the table to reflect the gross proceeds received by the Company in full as S$4,158,000, with the erroneous line item "remaining gross proceeds yet to be received" removed accordingly. For the avoidance of doubt, the amount of expenses related to the Proposed Convertible Notes of S$53,000 and the resulting net proceeds available of S$4,105,000 remain unchanged and unaffected by the Amendment.
Save for the Amendment, all other information contained in the Results Announcement remains unchanged. A revised copy of the Results Announcement has been attached to this announcement.
This announcement has been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor").
This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Ms. Goh Mei Xian, ZICO Capital Pte. Ltd. at 77 Robinson Road, #06-03 Robinson 77, Singapore 068896, telephone (65) 6636 4201.
Additional Details
For Financial Period Ended
30/06/2026
Attachments
NYND - 1H FY2026 Interim FS - Amendment.pdf
Total size =538K
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