Lincotrade & Associates Holdings Limited has announced that its wholly owned subsidiary, Lincotrade Capital Pte. Ltd., together with Clear Bright Sky Pte. Ltd. (CBS) and Monetise 71 Pte. Ltd. (M71), has entered into a Shareholders' Agreement (SHA) on 20 October 2026, formalising the governance framework for the joint venture.

The agreement follows the incorporation of M71 in September 2026, marking a further step in the Group's diversification into Singapore's property development sector.

Key highlights:

• Joint Venture Structure: Lincotrade Capital holds a 60% equity interest in M71, with the remaining 40% held by CBS.
• Proportionate Risk and Reward Sharing: Under the SHA, the rights, obligations, risks and rewards of the joint venture partners are allocated in proportion to their respective equity interests.
• Corporate Governance: The Company's Audit Committee has reviewed the terms of the SHA and concluded that the arrangement is not prejudicial to the interests of the Company and its minority shareholders.
• Regulatory Compliance: The investment falls within the scope of Rule 916(2) of the SGX Catalist Rules, with the Group's value at risk amounting to S$30,000.

The signing of the SHA establishes the formal framework governing the joint venture as Lincotrade progresses its participation in property development opportunities in Singapore.

See link for full announcement: https://www.lincotrade.com.sg/announcements-overview/