MFG Integration M11

Original report: PDF p. 81 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 81 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 80 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 82 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 82 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 83 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 83 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 84 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 101 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 101 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 111 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 107 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 81 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 81 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 80 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 82 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 83 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 84 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 102 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 102 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 114 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 80 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 80 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 79 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 81 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 82 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 83 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 99 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 99 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 115 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 74 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 74 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 73 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 75 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 76 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 77 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 98 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 98 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.

Original report: PDF p. 110 ↗

Five full financial years FY 2021–FY 2025 end on 31 December. FY 2025 supplies FY 2025/FY 2024; FY 2024 supplies FY 2023; FY 2023 supplies FY 2022; FY 2022 supplies FY 2021. The original FY 2021 annual is retained for independent comparison.

Monetary amounts are Singapore dollars in thousands. EPS is in Singapore cents and weighted-average share counts in thousands. Group income/comprehensive income and cash flows are separate from Company financial position and equity. Separate Company income and cash-flow statements are not disclosed.

Going concern assessment is a key audit matter under the original true-and-fair audit opinion, not an inferred modified opinion. The Group’s current liabilities 9,090 exceed current assets 6,294 by 2,796; Company 5,968 less 3,524 gives 2,444 (S$000). Management cites customer advances, undrawn bank facilities S$2.4 m and an unencumbered investment property fair value S$5.5 m. These fair values/facilities are not cash or asset carrying value.

Cash at bank and the cash-flow closing balance differ because bank overdrafts are included in cash management: FY 2025 1,237−2,610=(1,373); FY 2024 800−920=(120); FY 2023 1,221−1,293=(72); FY 2022 4,299 with nil overdraft; FY 2021 6,759 (S$000). Preserve the signed overdrawn cash-flow balance.

FY 2021 original EPS uses basic 240,612 thousand shares, a signed share-options adjustment(871), and diluted 239,741 thousand shares. Original loss 2,318 gives basic(0.96) and diluted(0.97) Singapore cents. The unusual negative adjustment and separate denominators are retained, not replaced by nil or a common denominator. Later years disclose basic and diluted 241,112 thousand shares.

Original FY 2021 statements show continuing/discontinued-operation and total rows, with nil discontinued operations; the later comparative presents the same total loss and EPS without duplicate nil scopes. Original FY 2023 cash flows show net cash used in operations(3,969), nil tax refund and net operating cash(3,969); later comparative omits that repeated subtotal and nil refund. Underlying nonzero balances are unchanged; no financial restatement is inferred.

The original FY 2024 Company equity table has a genuinely blank share-option reserve cell for total comprehensive loss; the later FY 2025 comparative prints a dash. Both original presentations are archived. Selected published source cells are not filled from blank by an assumption.

Company subsidiary investment carrying value is Nil after impairment; this does not mean there are no subsidiaries. Note 17 separately reports original equity cost 2,484, quasi-equity loans 35,608 and their impairment allowances in FY 2025 (S$000). All four direct subsidiaries and one indirect dormant Shanghai company are 100%-owned. The indirect Company cost cells are genuinely blank and not asserted nil.

Register dated 20 March 2026 uses 241,710,470 whole ordinary shares with nil treasury and subsidiary holdings. This is distinct from the thousand-share EPS denominator and financial year end. Twenty registered accounts and substantial holders’ overlapping MIT Technologies deemed interests are separate.

The top-twenty source count 181,254,994 equals all twenty accounts. Printed total 75.02% equals the sum of individually rounded source row percentages; aggregate count divided by the disclosed 241,710,470-share base rounds to 74.99%. Both source and aggregate-calculation scopes are retained. Public float 43.87% is a separate measure.

Four directors, two other key executives and the Company Secretary are named. Tommy Ng Fook Keong is Financial Controller, not an inferred CFO. Corporate Information is visible on physicalp 135, the right inside-cover flap; off-crop corporate text in the p 2 archive is not visible p 2 evidence.