Addvalue Technologies Ltd has incorporated Addvalue Space Technologies Ltd (AVST) in the Cayman Islands as an indirect wholly owned subsidiary to support a proposed spin-off listing of its space-related business on either the Nasdaq Capital Market or the New York Stock Exchange.

AVST, established as an investment holding company, was set up with authorised capital of USD50.0 million comprising 450 million common shares and 50 million preferred shares, all with a par value of USD0.0001 each. One fully paid subscriber share has been transferred to the company’s wholly owned unit, Addvalue Innovation Pte Ltd, confirming AVST’s status as an indirect subsidiary.

The plan anticipates that AVST will become the holding company of Addvalue Solutions Pte Ltd before the contemplated US listing. Completion of the spin-off remains subject to regulatory clearances and market conditions.

The company said no director or substantial shareholder holds any interest in AVST other than through their existing stakes in Addvalue Technologies. The announcement was authorised by Chief Executive Officer Tan Khai Pang on Sep, 25 2026.