Embracing Future Holdings Incorporates New E-Sports Subsidiary in Hong Kong
Link: https://links.sgx.com/1.0.0/corporate-announcements/GK3GO4HML6OV3E1G/93d624fadc7aa61eb214902af1ea9bc40742e24c076705049e535127aa8e083d
Summary:
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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.
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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.
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Principal business: Engages in esports businesses, from organizing tournaments and managing professional teams to content creation and e-sports technology development.
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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.
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No director or controlling shareholder has any direct or indirect interest in the new subsidiary beyond their normal roles in the company.