DivestmentJun 26, 2026, 06:32 AM

Ohmyhome Divests Property Business for $1, Shifts to Digital Marketing

AI Summary

Ohmyhome Ltd completed the disposal of its wholly-owned subsidiary, Ohmyhome (BVI) Limited, which comprised its former property-related business, for a cash consideration of $1. This divestment represents a strategic shift for the company to focus on digital marketing services. The company provided unaudited pro forma financial statements reflecting this disposition, showing continuing losses for the remaining operations.

Key Highlights

Disposed of Ohmyhome (BVI) Limited, its property-related business.
Received total cash consideration of $1 for the divestment.
Strategic shift in business focus to digital marketing services.
Pro forma 2025 continuing operations revenue: $251,594.
Pro forma 2025 continuing operations net loss: $(1,703,667).
Pro forma 2024 continuing operations net loss: $(783,366).
Pro forma 2023 continuing operations net loss: $(560,560).

View SEC Filing

OMH

Real Estate

Ohmyhome Ltd

Price Impact