AFG Investment Pte. Ltd. said on Feb, 25 2026 that it will not raise the cash consideration of 0.11 Singapore dollars per share for its proposed acquisition of all issued ordinary shares of AF Global Limited that it does not already control.

The companies had first announced the planned scheme of arrangement on Oct, 08 2025, with details later set out in a revised scheme document released on Feb, 23 2026. Under the deal, AFG Investment intends to acquire every AF Global share not held by Aspial Corporation Limited and Koh Wee Meng.

In line with Rule 20.2 of the Singapore Code on Take-overs and Mergers, today’s statement makes the 0.11-Singapore-dollar offer price final; no higher consideration will be offered.

Both boards advised shareholders to exercise caution when dealing in AF Global shares and to seek professional advice if in doubt.