Back 02 Jan 2026

Intraco Lifts Stake in Licensed Fintech SlideSG to 80% After Exercising Exchange Option

Summary:

  • Intraco Limited has exercised an exchange option on 2 January 2026 to convert its exchangeable loan into 750,200 existing shares of SlideSG Pte. Ltd., representing 60.1% of SlideSG’s issued and paid-up capital

  • Following this conversion, Intraco’s ownership in SlideSG rises to 80.0%, making the licensed Major Payment Institution in Singapore an 80%-owned subsidiary of the group

  • The exchange was triggered after the exchangeable loan, documented under an Exchange Loan Agreement dated 24 October 2025, was not repaid by its maturity date of 2 January 2026, with all conditions precedent having been fulfilled or waived

  • Intraco plans to rebrand SlideSG as iChange Pte. Ltd. in due course, aligning the entity more closely with its digital payments and remittance ambitions

  • The board also notes that, pursuant to a Business Transfer Agreement signed on 30 September 2025, SlideSG’s acquisition of the iChange business was completed on 30 December 2025, consolidating the fintech platform within the group

  1. https://links.sgx.com/1.0.0/corporate-announcements/DPGBBV9730AHJG4V/70b651e0d7147d3040b336efdfc133261e87600656aa6807c1f14e96a8c88a0c