Addvalue CEO lifts holding to 1.32% as rights issue bonds convert

Conversion lifts direct shareholding following rights issue.

Addvalue Technologies Ltd disclosed a change in interests by its chief executive officer, Tan Khai Pang, after the conversion of convertible bonds into ordinary shares on 23 January 2026, according to a local bourse filing.

The transaction involved the exercise of $74,800 in principal amount of convertible bonds under the company’s renounceable non-underwritten rights issue, the filing showed.

Following the conversion, Tan Khai Pang held a direct interest of 48.6 million ordinary shares, up from about 44.2 million previously. His shareholding rose to 1.32% of the company’s issued share capital, based on about 3.68 billion issued shares excluding treasury shares.

The disclosure stated that Tan held no deemed interest in the shares and that the conversion did not involve any cash consideration or market transaction.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia