Title :

Market Clarification Announcement

Content :

The Company wishes to reassure its valued shareholders and the investing public following enquiries received regarding the preliminary financial results for the first quarter ended 30 June 2026.

 

The reported net loss for the period is primarily attributable to the decline in the market value of the Company's investment in listed shares, resulting in an unrealized fair value adjustment recognized in accordance with the applicable International Financial Reporting Standards (IFRS).

 

This accounting adjustment does not arise from the Company's underlying operating activities, nor does it reflect any structural deterioration in the Company's core businesses, financial position or cash-generating ability. The adjustment is non-cash in nature and is directly linked to temporary movements in the quoted market price of shares during the reporting period.

 

The Board and Management remain confident in the Company's investment portfolio and long-term strategy. The underlying fundamentals of the Company continue to remain sound and the Board and Management will continue to focus on creating sustainable long-term value for shareholders.

 

The Company remains committed to maintaining transparency with the market and will continue to keep shareholders informed of any material developments through the appropriate regulatory channels.

 

 

 

 

Kind regards,

 

 

 

 

Raffy Manoug Kozadjian

Acting Chief Executive Officer