Basetrophy (8460) Terminates Subscription Agreements, Clarifies AGM Share Count

Bulletin Express
Oct 30

Basetrophy Group Holdings Limited (Stock Code: 8460) announced the mutual termination of two subscription agreements dated 28 October 2025, originally entered with the First Subscriber and the Second Subscriber. The agreements would have involved subscribing to 44,268,000 new shares. The termination, effective 29 October 2025, was agreed upon by all parties in view of current market conditions, and no further claims will be made under the original arrangements. According to the board of directors, this development is not expected to have any material adverse effect on the group's financial position or operations.

The company also clarified details regarding the poll results announcement dated 5 June 2025. The total number of shares in issue and entitling holders to attend and vote at the annual general meeting on 5 June 2025 was 221,340,018 shares. Potential investors and shareholders are advised to act with caution when dealing in the company’s securities.

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