Tega Industries Subsidiary to Invest Additional USD 35 Million in SG Company

Tega Industries Ltd. announced that its wholly-owned subsidiary, Tega MC Investment Pte. Ltd., has exercised its Upsize Option and decided to increase its subscription amount by USD 35 million for additional investment in ordinary shares of SG Company. As a result, Tega HoldCo will now invest a total of USD 394,295,423 for a total of 394,295,423 ordinary shares of SG Company and hold ~84.2% of the total ordinary shareholding of the SG Company. Apollo HoldCo will invest a total of USD 74,107,477 for a total of 74,107,477 ordinary shares of SG Company and hold ~15.8% of the total ordinary shareholding of the SG Company. There will be no change to the amount of USD 270,00,000 to be invested by Apollo HoldCo in redeemable preference shares of RPS Company.