NewTimeSpace News: CASA HOLDINGS LIMITED officially disclosed the proposed acquisition on February 11, 2026. The company has reached a definitive agreement with the relevant vendors for the acquisition of equity in the target company, with a total transaction consideration of S$13.2 million. The acquisition involves 4.8 million ordinary shares of the target company, representing 80% of its issued and paid-up share capital.

Regarding the vendors, the announcement clarifies that Dimi Pte. Ltd., Vistone Pte. Ltd., and Mr. Lim Soo Kong collectively hold 100% of the target company’s equity. Among them, Mr. Lim Soo Kong is an Executive Director and controlling shareholder of CASA HOLDINGS LIMITED, holding approximately 28.57% of the company’s equity. Both Dimi Pte. Ltd. and Vistone Pte. Ltd. are investment holding companies registered in Singapore, whose equity is held by Mr. Lim Soo Kong and his family members. Therefore, this acquisition constitutes an Interested Person Transaction.

According to the transaction terms, the S$13.2 million consideration will be settled through a combination of "shares + cash": S$8.58 million will be paid by issuing 65 million consideration shares; the remaining S$4.62 million will be paid in cash, funded by CASA HOLDINGS LIMITED’s internal resources.

Regarding the rationale for the acquisition, the Board of Directors of CASA HOLDINGS LIMITED stated that this acquisition is a key strategic initiative for the company to achieve long-term sustainable development. The target company’s business is highly complementary to the Group’s existing operations, which will help the Group expand its business footprint, enrich its product and service offerings, and open up new revenue streams.

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