Singapore, January 27, 2025 – TrickleStar Limited, a Singapore-based entity, has officially announced the lodgment of its Offer Information Statement for a proposed renounceable non-underwritten rights issue. The announcement provides critical details for shareholders regarding the rights issue process, key deadlines, and logistics for participation.

Key Highlights of the Rights Issue

• Lodgement of Offer Information Statement: The Offer Information Statement was lodged with the Singapore Exchange Securities Trading Limited (SGX-ST) on January 27, 2025.
• No Printed Copies: Printed copies of the Offer Information Statement will not be sent to entitled shareholders. Instead, the document can be accessed online via the company’s website or the SGXNet announcement page.
• Eligibility: Only entitled shareholders with registered Singapore addresses will receive provisional allotments of rights shares. Foreign shareholders and purchasers with non-Singapore addresses are excluded from this offering.
• Key Application Methods: Shareholders can apply through Provisional Allotment Letters (PAL), Application Forms for Rights Shares (ARE), or via electronic applications through participating banks.
• Trading Period for “Nil-Paid” Rights: The trading of provisional rights will commence on January 31, 2025, at 9:00 AM and conclude on February 10, 2025, at 5:00 PM.
• Important Deadlines: The last date for acceptance, payment, and application for excess rights shares is February 14, 2025. Allotment and issuance of rights shares are expected by February 20, 2025, with listing and trading commencing on February 24, 2025.

Important Shareholder Information

Shareholders are advised to take note of the following:

• Participation Restrictions: Foreign shareholders will not receive provisional allotments or be able to participate in this rights issue due to compliance with securities laws outside Singapore.
• CPF Investment Scheme: Shares are not registered under the CPF Investment Scheme, meaning funds from CPF Investment Accounts cannot be used for payment.
• Ex-Rights Trading: The shares will trade ex-rights starting January 23, 2025, at 9:00 AM.
• Refunds: Unsuccessful or invalid applications will result in refunds within three business days after February 24, 2025.

Shareholders are encouraged to read the full Offer Information Statement for detailed instructions and consult their financial or legal advisers if uncertain about their next steps.

Potential Price Sensitivity

This rights issue could impact TrickleStar Limited’s stock price as it involves issuing new shares, which might lead to dilution of existing shareholdings. The trading period for “nil-paid” rights may also result in increased market activity. Investors should monitor announcements closely for any material developments regarding the rights issue.