Twelve Cupcakes Pte. Ltd.
Twelve Cupcakes Pte. Ltd., incorporated on 8.5.2011 having its registered office at 5 Burn Road #02-01 Tee YIH JIA Food Building, Singapore (369972) is a Private Company Limited by Shares. The object of the Company is manufacturing of Breads, Cakes and Confectionery items.
The Board of Directors of Twelve Cupcakes Pte. Limited, Singapore (“Twelve Cupcakes”), a material subsidiary of the Company, after due consideration of its business operations and future prospects, has proposed to undertake Creditors’ Voluntary Winding up pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 of Singapore.
In view of the said proposal and considering the strategic business realignment being undertaken by the Company as well as the operational and financial viability of the subsidiary, the Board of Directors of the Company, at its meeting held on 29.10.2025, has considered and approved the proposal for initiation of the aforesaid liquidation/winding up proceedings in respect of Twelve Cupcakes.
The above action is subject to the approval of the shareholders of the Company by way of a special resolution through postal ballot, in compliance with Regulations 24(5) and 24(6) of the SEBI Listing Regulations and other applicable laws.