AcroMeta 43F

Original report: PDF p. 49 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 48 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 48 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 50 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 51 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 50 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 51 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 52 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 60 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 58 ↗ PDF p. 59 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 58 ↗ PDF p. 59 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 61 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 62 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 63 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 69 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 67 ↗ PDF p. 68 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 67 ↗ PDF p. 68 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 70 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 71 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 72 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 64 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 62 ↗ PDF p. 63 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 62 ↗ PDF p. 63 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 65 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 66 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 67 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 69 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 64 ↗

Five financial years ended 30 September 2021–2025. Monetary amounts are whole Singapore dollars, not thousands; EPS is Singapore cents. Group consolidated income/cash flows, Group and Company financial position and changes in equity are supplied; separate Company income/cash-flow statements are not supplied.

Disposals cause FY2022 and FY2023 income to be re-presented between continuing and discontinued operations. The original income statements are retained separately. No loss or gain is invented by treating reclassification as new economic activity.

Printed equity opening-date anomalies, original OCI attribution differences and source rounding or cross-statement differences are source-qualified; all printed primary cell values remain unchanged.

FY2025 ended30September2025. PKF-CAP LLP issued an unmodified true-and-fair opinion at physical44; Ang Kok Keong signed7January2026 at physical47. Disposal of the LSI group is the KAM. No separate audit-opinion modification is inferred from management going-concern disclosure.

Primary monetary figures are whole Singapore dollars; EPS is Singapore cents. Unaudited preliminary/interim announcements use S$thousands and are not mixed into the audited primary series. Separate Company income/cash-flow statements are not supplied; Company financial position/equity are retained.

Management reports continuing lossS$4,468,439 and a cash forecast up toMarch2027 supporting at least12months from authorisation. This management going-concern basis is distinct from the unmodified auditor opinion; no cash forecast is presented as a realised result.

Annual current Board has Mahtani, Toh, Cheong and Chan. Lim ceased as director27January2025 and CEO31March2025; Guo ceased as director30April2025. January resignation notice explicitly retained a CEO notice period, so resignation announcement is not immediate CEO cessation.

Executive Director Toh Ker How took over business-operation oversight after Lim CEO cessation. His original Executive Director title is retained; no separate formal CEO appointment is invented. Mahtani is the independent Non-Executive Chairman, not an executive CEO.

Annual names two KMPs Levin Lee Keng Weng and Daniel Ang and two secretaries Hon Wei Ling and Lee Sock Wei. Daniel specific functional title is not supplied in the annual remuneration table. FY2024 addendum separately states Cheah Lai Min resigned as CFO18November2024; no current named CFO successor is invented.

Cheong retired after23January2026AGM and ceased his Lead Independent/Audit Chairman and committee roles; Chan was re-elected and PKF-CAP LLP re-appointed. Lee Long Chuan joined22April2026 as Independent Director/Audit Chairman, with Mahtani chairing Nominating and Remuneration. Annual and later Board snapshots are separately dated.

Note15 contains seven entity rows: three current100%entities and four LSI-group rows with currentdash/prior70%. The columns are Group ownership2025/2024, not parent/NCI or effective interests inferred from names. Original LSI Holdings parent and three subsidiary rows remain distinct.

Original Note15 NCI schedule prints prior70%under a non-controlling-interest heading for LSI, while the Group ownership schedule also prints70%; the acquisition disclosure says30%NCI. This inconsistency is retained without replacing the original70%or changing the significant-subsidiary schedule.

LSI disposal completed23December2024 for adjustedS$2,321,774, with gain501,284 and net cash1,828,224. Current Note21 calls the sold company Life Science Incubator PteLtd, whereas Note15/OIS distinguish Life Science Incubator Holdings and its operating subsidiaries. Group disposal is retained; no duplicate current LSI entity is invented.

Earlier Acromec Engineers group disposal completed11June2024; Note21 refers to effectively56%-owned Acropower and NTP with that group. PT Acromec entire67%was sold30September2024forS$5,000. They are former entities; no separate current Group ownership or new management role for buyerAnton is inferred.

Acro Harvest proposed100%disposal term sheet was terminated; original SGX announcement and signed document are dated1April2026 and explicitly state it remains wholly-owned. It is not a completed sale.

Lifestyle is dormant100%in the annual year-end schedule. The later Wan Qian agreement states Company51%/Wan49%, cash contributionsS$200,000/S$300,000 and Company chairman casting vote, with continuing control. Contributions are not used to invent a40%/60%share split or equity-method JV classification.

Wan Qian agreement source says1April2026, whereas later OIS history says2April. June Zhimao announcement calls ALPL wholly-owned, while the OIS subsidiary schedule retains51%. These original date/ownership inconsistencies are recorded;51%control is the explicit later schedule, not silently changed to100%.

11June2026Zhimao agreement provides ALPL a20%stake forS$100nominal consideration, one of three board seats and specified protective approval rights.20%is ALPL interest; no unreported completion, issuer-effective20%or consolidated100%subsidiary is claimed.

Inadel proposed up-to60%investment was uncompleted at the annual reporting date; later OIS records MOU lapsed and terminated28November2025 with no formal agreement. No acquired60%subsidiary is invented.

Macro-ATCLS investment remains a non-binding proposal with definitive-agreement long-stop extended30September→30October2026. At9Septemberquery response the proposed company was not incorporated and no ATCLS commercial revenue had been generated. No completed acquisition or percentage is inferred. Three Macro announcements print registration2015440003M, versus annual201544003M; exact SGX issuer/ISIN binding is retained.

FY2022 operating results are re-presented after renewable disposal classification. Original revenue63,260,626 equals later continuing62,297,566 plus disclosed renewable963,060; original pretax509,762 equals continuing2,830,596 plus discontinued(2,320,834). All operating categories reconcile to the original note; original FY2022 income is separately retained.

FY2023 later disposal re-presentation preserves total loss12,467,722 while continuing result changes2,752,868→(1,761,792) and discontinued result(15,220,590)→(10,705,930). Combined other operating income decreases108,546, administrative expenses decrease140,775 and the separate associate profit32,229 disappears; these offset. Source does not supply a detailed explanation for those three category transfers, so no business cause is invented. Original FY2023 income remains separate.

FY2024 comprehensive-income attribution differs between original statements: income owners1,877,560/NCI762,578 versus equity owners1,877,878/NCI762,260. The318difference reallocates OCI but leaves the total2,640,138 unchanged. Original values are retained rather than silently repaired.

FY2023 original Company equity comparative forFY2022 prints openingOctober1,2020 rather thanOctober1,2021; the values1,495,004accumulated losses and14,730,032equity match the actual30September2021balance. Original printed opening date is retained and flagged; annual column isFY2022, not an invented two-year period.

FY2024 discontinued note pretax6,257,632 less tax3,145 equals net6,254,487. Combining continuing pretax(3,613,399)gives overall pretax2,644,233, but cashflow and tax-reconciliation captions use2,641,088, the net result. The3,145caption/value inconsistency is retained; primary cashflow is not adjusted.

Current Note27 cashflow narrative prints period toDecember23,2025 and its headerDecember31,2025, both after the30September2025year-end, whereas the actual LSI disposal completed23December2024. The mistaken note dates are not adopted as a new reporting period or disposal date.

EPS notes print Number of shares(000)above338,332,482/FY2025and305,894,737/FY2024. The reportedEPS(1.28)/0.61Singaporecents reconcile using those as whole shares, not another thousand multiplier. Original printed header and counts are retained as a source-unit inconsistency; primaryEPS stays unchanged.

FY2025 cash2,683,261 and priorCFcash951,461 differ from prior balance-sheet880,688 because70,773was included in the disposal group. This is an explicit Note6 cash bridge, not an unverified balancing correction.

Original current notes retain minor caption/amount discrepancies: Note23 calls prior91,013a property-disposal gain while Note25 calls it a loss; prior interest total273,558differs fromCF273,559by1; prior trade-receivable write-off349,154inNote25differs fromCF349,514by360. The primary statements remain unchanged; no missing adjustment is invented.

Annual register is18December2025, not financial year-end:389,587,956issued shares, no treasury/subsidiary holdings,773holders. Twenty registered accounts total287,122,745shares; printed73.71%is the sum of rounded row percentages, while exact aggregate rounds73.70%. Custodian names do not assign unknown beneficial owners.

Annual substantial-holder register has three direct rows:Levin61,500,000/15.79%,Chew60,139,097/15.44%,Toh58,340,000/14.97%, with original deemed dashes. Public float52.31%is the issuer statement. These dated annual rows are not silently overwritten by later rights or share-award denominators.

Marilyn delayed notice states7October2025share-award dilution changed5.13%→4.47%without changing17,412,148beneficial shares; notice5January2026. This cessation is not a sale. Original form misspells issuer Limited as Linmited; paired SGX issuer/ISIN identifies the source.

Levin transactionA16July2026dilutes unchanged63,000,000shares15.85%→12.51%when rights issue increases the denominator. TransactionB17Julydisposes3,000,000atS$0.016, leaving60,000,000/11.92%. The two events are not merged into one sale or treated as the annual register.

Eric July rights allotment leaves2,666,666ordinary shares and355,555warrants. Mahtani leaves3,333,333direct plus1,000,000deemed ordinary shares, total4,333,333/0.86%, plus577,777warrants; deemed1,000,000shares and133,333warrants are held through Maybank nominee. Warrants are separate instruments, not already-issued ordinary shares.

Toh28July2026interest change increases58,066,666→61,566,666shares for3,500,000atS$0.015; notice3August. Original after percentage12.22%differs from rounded61,566,666/503,442,128=12.23%; original12.22%is retained and the discrepancy flagged.

Issued-share bridges are389,587,956+8,000,000PSP=397,587,956on30January2026; plus105,854,172rights=503,442,128on16July; plus17,500,000PSP=520,942,128on17September. Older interest percentages retain their original dates. Elisabet16,666,667shares atS$0.06did not complete and are not added to issued capital.

Preliminary unaudited full-year announcement is in S$thousands: Group assets5,706andCompany5,750 versus audited whole-dollar5,666,008and5,844,417. Different ROU, subsidiary investment and receivable classifications are visible. Preliminary EPS(1.31)cents also differs from audited(1.28)cents. The audited annual is the primary source; no exact adjustment bridge or EPS cause is fabricated from preliminary precision.

The January2024SGX response describes Deloitte FY2023 Material Uncertainty Related to Going Concern, total comprehensive loss12,473,118and net liabilities1,870,761. Those historical conditions are separately dated; they do not modify or replace the signedFY2025PKF-CAP true-and-fair opinion.

Original report: PDF p. 94 ↗

Revenue reported represents revenue from external customers. Inter-segment sales in the year amounted to S$Nil (2024: S$1,413,605).

Segment assets: There is no segment assets disclosed as it is not a Group's practice to report segment assets to the chief operating decision maker.

The Group is organised into maintenance segment (2024: maintenance segment and Co-working laboratory space segment). The 'Others' segment consisted of head office expenses incurred to support revenue growth and expansion of new business segments, as well as SGX listing and compliance fees.

Original report: PDF p. 94 ↗

Printed as shown; the Maintenance column of the final row is printed as 201,122 without parentheses.

Revenue represents external customers. Inter-segment sales in 2024: S$1,413,605. Segment assets are not disclosed.

Original report: PDF p. 95 ↗

Revenue represents external customers. Segment assets are not disclosed.

Original report: PDF p. 95 ↗

Revenue represents external customers. Inter-segment sales in 2024: S$1,413,605. Segment assets are not disclosed.

Original report: PDF p. 48 ↗

Statements of financial position as at September 30, 2025; Note column references 17 and 18.

Original report: PDF p. 87 ↗

Bank loan is secured on the Group’s investment property (Note 13). The loan was raised on November 4, 2013. Monthly repayments commenced on September 5, 2014 and will continue until September 5, 2034. The loan carries interest at the prevailing enterprise financing rate (EFR) at 3.20% (2024: 7.63%) per annum.

Fair values of current and non-current portions approximate carrying amounts. Balances are in Singapore dollars (functional currency; Group not exposed to foreign exchange risk per Note 4).

Original report: PDF p. 86 ↗

Undiscounted total 253,900 (2025) and 276,500 (2024); present value 250,733 and 233,970.

Original report: PDF p. 86 ↗

Present value 120,984 (2025) and 31,241 (2024); current 75,858/31,241; non-current 45,126/–.

Original report: PDF p. 75 ↗

2024 Group comparatives: Lease liabilities 3.09 / 111,190 / 134,600 / – / 245,790; Bank loans 4.73 / 171,925 / 773,808 / 539,578 / 1,485,311. Company 2025 lease liabilities 2.48 / 78,000 / 45,500 / – / 123,500; 2024 2.48 / 31,500 / – / – / 31,500.

Original report: PDF p. 75 ↗

Undiscounted contractual cash flows including interest.