Addvalue Technologies Ltd (AVT) said on Jul, 14 2026 that it has begun preparatory work for the proposed spin-off and listing of its wholly-owned subsidiary Addvalue Solutions Pte. Ltd. (AVS) on either the Nasdaq Stock Market or the New York Stock Exchange.

The company noted that, after receiving concurrence from Singapore Exchange Securities Trading Limited that the transaction would not constitute a chain listing, AVS has appointed a financial adviser and underwriter, legal counsels and a US auditor to support the process.

The spin-off remains subject to shareholder approval, including requirements under Rule 805(2)(b) of the SGX-ST Listing Manual. AVT will convene an in-person extraordinary general meeting, with details to be provided in a forthcoming circular.

AVT stated that the timetable and final structure of the proposed listing depend on market conditions and regulatory clearances, and it will issue further announcements when material developments occur. The company advised shareholders and investors to exercise caution when dealing in its securities.