Addvalue Technologies Ltd (A31) said on Aug, 19 2026 that it will hold an extraordinary general meeting (EGM) on or before Sept, 25 2026 to seek shareholder approval for the proposed spin-off and U.S. listing of its wholly owned subsidiary, Addvalue Solutions Pte. Ltd. (AVS), on either the Nasdaq Stock Market or the New York Stock Exchange. The meeting will also request consent for the reduction of the parent’s stake in AVS by more than 20 percent, as required under Singapore Exchange rules. A notice of EGM and circular detailing the proposal are due by Sept, 04 2026.

AVS has made “good progress” on preparing its registration statement (SEC Form F-1) for the planned U.S. offering and has started a Public Company Accounting Oversight Board (PCAOB) audit, the company said. Filing readiness will depend on the audit’s completion and other factors.

Separately, the company appointed Mr. Fong Thian Loong, a Fellow Chartered Accountant of Singapore, as chief financial officer of the spin-off group.

Addvalue Technologies cautioned that completion of the spin-off remains subject to market conditions and regulatory approvals, including clearance from the U.S. Securities and Exchange Commission. It will provide further updates when there are material developments and advised investors to exercise caution when dealing in its shares.