Back 26 Aug 2025

Embracing Future Holdings Incorporates New E-Sports Subsidiary in Hong Kong

Link: https://links.sgx.com/1.0.0/corporate-announcements/GK3GO4HML6OV3E1G/93d624fadc7aa61eb214902af1ea9bc40742e24c076705049e535127aa8e083d

Summary:

  • Embracing Future Holdings Limited (formerly Biolidics Limited) announced its wholly owned subsidiary, Embracing Future E-Sports Pte Ltd, has established Embracing Future E-Sports (HK) Limited in Hong Kong.

  • The Hong Kong subsidiary was incorporated on 25 August 2025 with an issued and paid-up share capital of HKD 10,000 (10,000 ordinary shares), fully owned by the parent.

  • Principal business: Engages in esports businesses, from organizing tournaments and managing professional teams to content creation and e-sports technology development.

  • The incorporation was funded internally and is not expected to have a material impact on the company’s FY2025 earnings per share or net tangible assets per share.

  • No director or controlling shareholder has any direct or indirect interest in the new subsidiary beyond their normal roles in the company.

  1. https://links.sgx.com/FileOpen/EFH%20-%20Ann%20on%20Incorp_New_Subsi.ashx?App=Announcement&FileID=857086