ProsperCap completes S$ 9 million intra-group share subscriptions to fund UK unit

SGX Filings
2025/10/01

ProsperCap Corporation Limited announced on Oct, 01 2025 that it has drawn down about S$ 9 million under a previously disclosed credit facility and channelled the proceeds into its United Kingdom operating arm through a series of eight intra-group share subscriptions.

The group first borrowed GBP 5 million (approximately S$ 9 million) on Sep, 26 and Sep, 30 2025 and then injected the same amount, step by step, into wholly-owned subsidiaries down the corporate chain—from DTP Infinities Limited to PPC Hospitality (UK) Company Limited—by subscribing for new ordinary shares in each entity.

Each subscription left shareholdings unchanged at 100 per cent for the investing subsidiary while raising paid-up capital at every level, culminating in the issue of 5,000,000 new shares in PPC Hospitality (UK) Company Limited.

ProsperCap said the exercise will fund capital expenditure, operations and working capital for its UK hospitality activities and is not expected to have a material impact on the group’s net tangible assets or earnings per share for the year ending Dec, 31 2025.

No director or controlling shareholder, other than through their board positions or shareholdings in ProsperCap, holds any interest in the transactions.

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