Intraco unit iChange sells 19.9% stake to Oman’s Muscat Precious Metals for S$2.5 million

PUBT · 2d ago
Intraco unit iChange sells 19.9% stake to Oman’s Muscat Precious Metals for S$2.5 million
  • Intraco’s iChange signed a subscription deal with Oman-based Muscat Precious Metals Refining for 320,200 new shares for SGD 2.5 million.
  • The stake equals 19.9% of iChange on a fully diluted basis; Intraco’s effective holding falls to about 64.6% from 80.6%.
  • Net proceeds estimated at SGD 2.48 million; SGD 1.48 million earmarked for iChange operations, SGD 1 million to repay Intraco working-capital loans.
  • Muscat Precious Metals Refining gains the right to nominate iChange’s board chair, subject to Monetary Authority of Singapore approval.
  • Completion can be staged; remaining shares must be subscribed by Sept. 30, 2026, subject to customary conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intraco Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 1HC3AXF5KQ2ZFWOD) on August 31, 2026, and is solely responsible for the information contained therein.