Core Viewpoint - Indigo Star (08373.HK) announced the resignation of independent non-executive director Chen Bingquan effective August 22, 2025, due to personal arrangements [1] Group 1 - Chen Bingquan will also cease to be the chairman of the audit committee and a member of the remuneration and nomination committees from the same date [1] - Lin Ruikang has been appointed as an independent non-executive director, effective August 22, 2025 [1]

Core Viewpoint - Indigo Star (08373) announced the resignation of Mr. Chan Ping Kwan as an independent non-executive director effective from August 22, 2025, due to personal arrangements [1] Group 1 - Mr. Chan Ping Kwan will also cease to serve as the chairman of the audit committee and as a member of the remuneration committee and nomination committee from August 22, 2025 [1] - Mr. Lam Yui Kong has been appointed as an independent non-executive director, effective from August 22, 2025 [1]

Core Viewpoint - Indigo Star (08373) announced the resignation of Mr. Chan Ping Kwan as an independent non-executive director effective from August 22, 2025, due to personal arrangements [1] Group 1 - Mr. Chan Ping Kwan will also cease to serve as the chairman of the audit committee and as a member of the remuneration committee and nomination committee from the same date [1] - Mr. Lam Yui Kong has been appointed as an independent non-executive director, effective from August 22, 2025 [1]

INDIGO STAR HOLDINGS LIMITED 靛藍星控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8373） 董事名單及其角色和職能 靛藍星控股有限公司（「本公司」）董事（「董事」）會（「董事會」）成員列示如下： 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴該等內容而引 致的任何損失承擔任何責任。 執行董事 吳進順 陳素寬 陳明 獨立非執行董事 Dato' KOH Yee Keng 禤孝廉 林鋭康 香港，二零二五年八月二十二日 董事會設有三個董事委員會。下表列載各董事委員會的成員資料： | | 審核委員會 | 薪酬委員會 | 提名委員會 | | --- | --- | --- | --- | | Dato' KOH Yee Keng | M | M | C | | 禤孝廉 | M | C | M | | 林鋭康 | C | M | M | 附註： C 有關董事委員會的主席 M 有關董事委員會的成員 1 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴該等內容而引 致的任何損失承擔任何責任。 INDIGO STAR HOLDINGS LIMITED 靛藍星控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8373） (1) 董事辭職； (2) 董事任命； (3) 董事會委員會組成變化 董事辭職 靛藍星控股有限公司（「本公司」）之董事會（「董事會」）宣布，陳炳權先生（ 「陳先生」）因個人安排， 自 2025 年 8 月 22 日起辭去公司獨立非執行董事職務。陳先生亦自 2025 年 8 月 22 日起不再擔任審 計委員會主席及公司薪酬委員會和提名委員會成員。 陳先生已向董事會確認，他與董事會沒有意見分歧，且就其辭職並無需向公司股東通報的事項。 董事會借此機會對陳先生在任內對公司的寶貴貢獻表示感謝。 董事會對林先生的任命表示熱烈歡迎。 董事會委員會組成變化 董事會進一步宣布，自 2025 年 8 月 22 日本公告發布後立即生效，公司的審計委員會、薪酬委員會和 提名委員會已重新組成如下： ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 靛藍星控股有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 08373 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 100,000,000 | HKD | | 0.1 | HKD | | 10,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 100,000,000 | HKD | | 0.1 | HKD | | 10,000,000 | 本月底法定/註冊股本總額： HKD ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴該等內容而引 致的任何損失承擔任何責任。 INDIGO STAR HOLDINGS LIMITED 靛藍星控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號： 8373） 內幕消息 （1）進一步延遲發佈截至二零二四年十二月三十一日止年度的年度業績； （2）進一步延遲寄發截至二零二四年十二月三十一日止年度之年報；及 （3）繼續暫停買賣 本公告乃由靛藍星控股有限公司（「本公司」， 連同其附屬公司統稱「本集團」）根據香港聯合交易所有 限公司（「聯交所」） GEM 證券上市規則（「GEM 上市規則」） 第 17.10 條及香港法例第 571 章證券及 期貨條例第 XIVA 部之內幕消息條文（ 定義見 GEM 上市規則）作出。 本公司於二零二五年四月十四日、三月三十一日、四月二十九日、五月三十日及六月三十日發佈的公 告（ 「公告」）中提及了，其中包括（i）延遲公佈截至二零二四年十二月三十一日的年度業績；（ii）延 遲公佈截至二零二四年十二月三十一日 ...

Financial Performance - Revenue for the six months ended June 30, 2024, was approximately SGD 38.7 million, an increase of about 115.5% compared to SGD 17.9 million for the same period in 2023[5] - Gross profit for the same period was approximately SGD 8.2 million, representing a 45.7% increase from SGD 5.6 million in the previous year[5] - Profit for the six months ended June 30, 2024, was approximately SGD 2.3 million, a significant increase of about 375.9% compared to SGD 0.5 million in 2023[5] - Basic and diluted earnings per share for the period were approximately 0.58 Singapore cents, up 383.3% from 0.12 Singapore cents in the previous year[5] - For the six months ended June 30, 2024, total revenue reached 38,683 thousand SGD, a significant increase of 115.5% compared to 17,951 thousand SGD for the same period in 2023[19] - The company reported a net profit of 2,313 thousand SGD for the first half of 2024, compared to 486 thousand SGD in the same period of 2023, representing a growth of 376.5%[10] - Profit before tax for the six months ended June 30, 2024, was 2,313 thousand SGD, significantly up from 486 thousand SGD in the same period of 2023, reflecting a growth of 376%[26] - Basic earnings per share for the six months ended June 30, 2024, was 0.58 SGD, compared to 0.12 SGD in the same period of 2023, indicating a 383% increase[26] Assets and Liabilities - Total current assets as of June 30, 2024, amounted to SGD 27.6 million, compared to SGD 26.7 million as of December 31, 2023[8] - Total current liabilities decreased to SGD 16.9 million as of June 30, 2024, from SGD 18.6 million at the end of 2023[8] - The net current asset value increased to SGD 10.7 million as of June 30, 2024, compared to SGD 8.1 million at the end of 2023[8] - Non-current liabilities, specifically lease liabilities, amounted to 601 thousand SGD as of June 30, 2024, down from 903 thousand SGD as of December 31, 2023[9] - The company's total equity increased to 16,723 thousand SGD as of June 30, 2024, up from 14,388 thousand SGD at the end of 2023, reflecting a growth of 16.2%[9] - Trade receivables decreased to 3,504 thousand SGD as of June 30, 2024, from 7,356 thousand SGD as of December 31, 2023, a decline of 52%[28] - Contract assets increased to 8,501 thousand SGD as of June 30, 2024, compared to 5,250 thousand SGD as of December 31, 2023, representing a growth of 62%[30] - Trade payables and warranty payables totaled 1,329 thousand SGD as of June 30, 2024, down from 1,894 thousand SGD as of December 31, 2023, a decrease of 30%[32] Revenue Sources - Revenue from civil engineering projects surged to 8,577 thousand SGD in the first half of 2024, a 88.5% increase from 4,555 thousand SGD in the same period of 2023[19] - The sales of mobile phones and accessories generated 10,346 thousand SGD in revenue for the first half of 2024, with no revenue reported in the same period of 2023[19] - Major customer A contributed 12,002 thousand SGD to total revenue in the first half of 2024, compared to 6,245 thousand SGD in the same period of 2023, indicating a growth of 92.5%[17] - Revenue from Singapore increased to 28,337 thousand SGD in the first half of 2024, up from 17,951 thousand SGD in the same period of 2023, marking a growth of 57.5%[17] - The company generated revenue of approximately SGD 10.3 million from the sale of mobile phones and accessories, accounting for 27% of total revenue for the six months ended June 30, 2024[39] Expenses and Costs - Direct costs for the six months ended June 30, 2024, were approximately SGD 30.5 million, an increase of about 147.2% from SGD 12.3 million in the same period in 2023[41] - Administrative expenses increased to approximately SGD 6.1 million for the six months ended June 30, 2024, compared to SGD 5.2 million in the same period in 2023[42] - Employee benefits expenses, including directors' remuneration, totaled 11,393 thousand SGD for the six months ended June 30, 2024, up from 10,356 thousand SGD in the same period of 2023, an increase of 10%[23] Cash Flow and Liquidity - Cash and cash equivalents decreased by 1,497 thousand SGD to 8,841 thousand SGD as of June 30, 2024, compared to 6,992 thousand SGD at the end of 2023[12] - The company’s operating cash flow for the first half of 2024 was a net outflow of 383 thousand SGD, contrasting with a net inflow of 2,102 thousand SGD in the same period of 2023[12] - The current ratio as of June 30, 2024, was 1.6 times, up from 1.4 times as of December 31, 2023[42] - The company's net current assets were approximately SGD 10.7 million as of June 30, 2024, including cash and cash equivalents of about SGD 8.8 million[42] - The company maintains a policy to ensure sufficient liquidity to meet its short-term and long-term funding needs[43] Corporate Governance and Shareholder Information - The company did not recommend the payment of any dividend for the six months ended June 30, 2024[5] - The company has no significant capital commitments or contingent liabilities as of June 30, 2024[43] - The company has maintained a public float of at least 25% of its issued shares since January 1, 2024[55] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the six months ended June 30, 2024[55] - The company complied with the corporate governance code, except for the separation of roles between the chairman and CEO during a specific period[52] - No major shareholders or directors were reported to have any interests that could potentially conflict with the company's business[51] - Mr. Chen holds 205,160,000 shares, representing 51.29% of the company's issued share capital[48] - Splendor Investment Limited, controlled by Mr. Chen, is the holding company with 100% beneficial ownership of its shares[49] Future Plans and Developments - The company aims to upgrade its license from C1 to B2 level to enable bidding for a wider range of projects in Singapore[40] - The company continues to upgrade its license from C1 to B2 level to bid for larger public sector projects[47] - The company has identified suitable properties for establishing dormitories and cutting and fabrication plants, with agreements in place[47] - The company has not yet purchased a single production line for cutting and fabrication systems, with expenditures delayed due to COVID-19 impacts[46] - The actual use of net proceeds from the IPO includes HKD 28.5 million for property acquisition and HKD 1.1 million for property renovation, both fully utilized[46]

Financial Performance - For the six months ended June 30, 2024, Indigo Star Holdings Limited reported revenue of SGD 38,683,000, a significant increase of 115.5% compared to SGD 17,951,000 for the same period in 2023[2]. - Gross profit for the same period was SGD 8,183,000, up 45.5% from SGD 5,615,000 year-on-year[2]. - The company achieved a profit before tax of SGD 2,808,000, compared to SGD 590,000 in the previous year, marking a 376.3% increase[2]. - Net profit for the period was SGD 2,313,000, a substantial rise from SGD 486,000 in the prior year, reflecting a 376.5% growth[2]. - Basic and diluted earnings per share for the period were SGD 0.58, up from SGD 0.12 in the same period last year, reflecting a 383.3% increase[2]. - The group recorded revenue of approximately SGD 38.7 million for the six months ended June 30, 2024, representing an increase of about 115.5% compared to SGD 17.9 million for the same period in 2023[29]. - Direct costs for the same period were approximately SGD 30.5 million, an increase of about 147.2% from SGD 12.3 million in the previous year, aligning with the revenue growth[30]. - Gross profit for the six months ended June 30, 2024, was approximately SGD 8.2 million, with a gross margin decrease from 31.3% in 2023 to 21.2% in 2024[31]. - The group achieved a profit of approximately SGD 2.3 million for the reporting period, compared to SGD 0.5 million for the same period in 2023[34]. Assets and Liabilities - Total assets as of June 30, 2024, amounted to SGD 27,594,000, compared to SGD 26,737,000 at the end of 2023, indicating a 3.2% increase[3]. - The company's cash and cash equivalents decreased to SGD 8,841,000 from SGD 10,316,000, a decline of 14.3%[7]. - The net asset value increased to SGD 16,723,000 from SGD 14,388,000, representing a growth of 16.2%[4]. - As of June 30, 2024, trade receivables amounted to 3,504 thousand SGD, a decrease of 52.3% from 7,356 thousand SGD as of December 31, 2023[21]. - Trade payables decreased to 1,267 thousand SGD as of June 30, 2024, down from 1,803 thousand SGD as of December 31, 2023, a reduction of 29.7%[23]. - Contract liabilities related to construction services increased to 6,622 thousand SGD as of June 30, 2024, compared to 6,295 thousand SGD as of December 31, 2023, reflecting a growth of 5.2%[21]. Revenue Sources - Major clients contributing over 10% of total revenue included Client A with SGD 12,002,000 (up from SGD 6,245,000), Client B with SGD 8,577,000 (up from SGD 3,675,000), and Client C with SGD 5,034,000[12]. - Revenue from Singapore increased to SGD 28,337,000 in 2024 from SGD 17,951,000 in 2023, while revenue from Hong Kong was SGD 10,346,000[12]. - The company recorded revenue from general building projects of approximately 4.8 million SGD for the six months ended June 30, 2024, which is a decline of 27.3% compared to 6.6 million SGD for the same period in 2023[27]. - Revenue from civil engineering projects was approximately 8.6 million SGD for the six months ended June 30, 2024, an increase of 86.9% from 4.6 million SGD for the same period in 2023[27]. - Revenue from the mobile phone and accessories business was approximately 10.3 million SGD for the six months ended June 30, 2024, accounting for 27% of total revenue[27]. Employee and Operational Costs - Total employee benefits expenses, including directors' remuneration, amounted to SGD 11,393,000 for the six months ended June 30, 2024, compared to SGD 10,356,000 in 2023[17]. - The company has utilized approximately HKD 9.2 million (equivalent to about SGD 1.6 million) for employee costs related to construction projects as of June 30, 2024[47]. Strategic Initiatives - The group is focused on diversifying its business to enhance resilience against economic fluctuations and is actively seeking more potential opportunities in Singapore[28]. - The group aims to upgrade its license from C1 to B2 level to broaden its project bidding scope[28]. - The company plans to allocate approximately HKD 28.5 million (equivalent to about SGD 5.0 million) for the acquisition of new properties to serve as a cutting and bending factory and dormitory for foreign workers[46]. - The company has identified suitable properties for establishing dormitories and cutting and bending factories and has entered into purchase agreements with sellers[48]. - The company has hired a quantity surveyor and is in the process of recruiting skilled employees to strengthen its team capabilities[49]. Compliance and Governance - The audit committee, established on October 24, 2017, consists of three independent non-executive directors and has reviewed the unaudited consolidated financial statements for the six months ending June 30, 2024, ensuring compliance with applicable accounting standards[60]. - The roles of chairman and CEO were held by the same individual, Mr. Wu Jinshun, until May 27, 2024, when Mr. Chen was appointed as chairman[55]. - The company has confirmed compliance with the code of conduct for securities transactions by directors throughout the reporting period[56]. - The board of directors does not recommend the payment of any dividends for the reporting period[57]. - The company has adopted a share option scheme but has not granted any options since its adoption, with no unexercised options as of June 30, 2024[58]. - Splendor Investment Limited holds 205,160,000 shares, representing 51.29% of the company's issued share capital[50]. - The company has maintained a public float of at least 25% of its issued shares since January 1, 2024, in compliance with GEM listing rules[59].

Financial Performance - The company's revenue increased by approximately 35.8% from about SGD 32.6 million in the previous year to approximately SGD 44.3 million for the year ended December 31, 2023[9]. - The company reported a significant increase in revenue, achieving a total of $X million for the fiscal year, representing a Y% growth compared to the previous year[22]. - For the fiscal year ending December 31, 2023, the company recorded revenue of approximately SGD 44.3 million, an increase of about 35.8% compared to SGD 32.6 million in 2022[35]. - The company achieved a gross profit of approximately SGD 11.4 million for the fiscal year 2023, with a gross profit margin rising from 24.8% in 2022 to 25.8% in 2023[37]. - The company reported a net profit of approximately SGD 1.0 million for the fiscal year 2023, compared to a profit of SGD 0.3 million in 2022[41]. - Direct costs for the fiscal year 2023 were approximately SGD 32.9 million, reflecting an increase of about 34.0% from SGD 24.6 million in 2022, consistent with revenue growth[36]. - Administrative expenses for the fiscal year 2023 amounted to approximately SGD 9.6 million, an increase from SGD 7.1 million in 2022, primarily due to higher salaries and employee benefits[40]. - Other income for the fiscal year 2023 was approximately SGD 0.06 million, compared to a loss of SGD 0.01 million in 2022, primarily from government subsidies[39]. Projects and Operations - As of December 31, 2023, the company has eleven ongoing projects[10]. - As of December 31, 2023, the company held 11 ongoing contracts with a total uncompleted contract value of approximately SGD 98.1 million, up from SGD 96.3 million in 2022[34]. - The company is expanding its market presence in D regions, aiming to capture a larger share of the market[22]. - Recent acquisitions are expected to enhance the company's capabilities and drive future growth, with an estimated contribution of E million in revenue[22]. - The group reported construction revenue of approximately 29,958,000 SGD from general building and civil engineering projects for the year ended December 31, 2023[197]. Strategic Initiatives - The company provided guidance for the next fiscal year, projecting revenue growth of A% and an expected EBITDA margin of B%[22]. - New product launches are anticipated to contribute an additional C million in revenue, with a focus on innovative technology solutions[22]. - The company is investing in R&D, allocating F% of its budget to develop new technologies and improve existing products[22]. - Operational efficiency initiatives are projected to reduce costs by G%, enhancing overall profitability[22]. - The company is exploring strategic partnerships to leverage synergies and enhance competitive positioning in the market[22]. Sustainability and Governance - The company emphasizes the importance of Environmental, Social, and Governance (ESG) matters for sustainable development, integrating ESG principles into daily operations[11]. - The management team emphasized a commitment to sustainability, with plans to implement eco-friendly practices across operations[22]. - The group is committed to promoting environmental and social sustainability and complies with all relevant laws and regulations[134]. - The company has established multiple communication channels with its shareholders and investors, including announcements on its website[124]. Board and Management - The board consists of six members, with three executive directors and three independent non-executive directors[74]. - The chairman and CEO roles are held by the same individual to ensure unified leadership and effective strategic planning[72]. - The board held four regular meetings and five ad-hoc meetings during the fiscal year ending December 31, 2023[82]. - The board consists of five male directors and one female director, meeting the minimum requirement of GEM Listing Rule 17.104[89]. - The company aims to maintain at least one female director over the next four years to enhance board diversity[89]. Risk Management - The company emphasizes the importance of risk management practices to mitigate operational and financial risks effectively[130]. - The board believes that the risk management and internal control systems of the group are adequate and effective for the reporting year[110]. - The group faces risks related to cash flow due to potential delays in collecting receivables or warranty payments[135]. - The group is actively managing credit risk by adopting policies for high credit quality counterparties to minimize credit risk exposure[69]. Shareholder Information - The company has a total of 204,800,000 shares held by Mr. Wu and Ms. Chen, representing 51.2% of the issued share capital[166]. - Amber Capital Holdings Limited, controlled by Mr. Wu and Ms. Chen, holds 204,800,000 shares, accounting for 61% of the company's issued share capital[166]. - The company has not recommended the payment of a final dividend for the reporting year[140]. - The annual general meeting is scheduled for June 28, 2024, with a suspension of share transfer registration from June 25 to June 28, 2024[191].