Link: https://links.sgx.com/1.0.0/corporate-announcements/Y2XHYJHP2SZAGKW4/ed94ad47ee5cce7c945eb9605b8e83536647aa0012d0d321551deb73f2272b50

Summary:

• GS Holdings has agreed to acquire 100% of Dyspatchr Pte. Ltd., a Singapore-based importer and distributor of food and beverage products, with a book value and net tangible assets of approximately S$1.07 million as of June 30, 2025.

• The purchase consideration is S$1,524,591, satisfied entirely via issuance of 35,373,341 new GS Holdings shares at S$0.0431 per share to current Dyspatchr shareholders.

• Additionally, 1,160,092 new shares are allotted to Dyspatchr’s key personnel as a retention bonus valued at S$50,000, subject to service agreement and holding conditions.

• The deal represents about 1.44 times Dyspatchr’s net tangible assets and strengthens GS Holdings’ position in Singapore’s beverage sector for improved access to customers, expanded revenue, and enhanced synergy.

• Dyspatchr’s current management and key personnel continue for at least three years; distributorship rights are maintained for the same period, with replacement clauses if they lapse.

• Share issue is within the limits of GS Holdings’ 2025 General Mandate; vendor shares are subject to a six-month moratorium post-completion.

• Completion is expected within three months, subject to standard due diligence and regulatory approvals. GS Holdings will update shareholders on further progress.

• No links, no external references included—this summary is fully source-cleared as requested.