NewTimeSpace News:On March 2, 2026, H2G GREEN LIMITED announced the completion of the acquisition of 100% equity interest in TTJ Greenfuel Pte. Ltd. (TTJGF). According to the announcement, the acquisition was led by GEIH, a subsidiary in which the company holds a 50.10% stake, with adjustments made to the terms of the relevant transaction agreement, including shortening the instalment payment term for the balance consideration from 4 years to 3 years and adding an early repayment option.

Meanwhile, the company and RD Property Holdings Pte. Ltd. (RD), the other shareholder of GEIH, have provided a joint pro rata guarantee in proportion to their shareholdings. Pursuant to the agreement, the two parties will provide a guarantee for GEIH’s obligation to pay the balance consideration to the vendor in accordance with their respective shareholdings in GEIH (50.1% held by H2G GREEN LIMITED and 49.9% held by RD), among which the maximum guarantee amount undertaken by H2G GREEN LIMITED is approximately SGD 6.2629 million.

It is reported that Lippo Capital Limited is the controlling shareholder of H2G GREEN LIMITED, and RD, as the other shareholder of GEIH, is also an associate of Lippo Capital, making this pro rata guarantee a connected transaction.

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