Edition Ltd. (“Edition”, the “Company”, or collectively with its subsidiary corporations, the “Group”) is a group engaged in investment holding and agricultural businesses.
The agricultural business is our key segment. We grow leafy vegetables such as Asian greens and salad vegetables for sale from our temporary modular farm. The farm is set up on the SFA*-awarded 6-hectare land parcel located at Neo Tiew Harvest Lane.
The Group has obtained temporary occupancy permits (“TOP”) on Phase 1 development of the high-technology farm in 2023. On 14 April 2023, the TOP was issued on 4 production bays of the greenhouse. On 27 September 2023, the TOP was issued on the technical block, M&E room and harvesting tanks. Phase 1 occupies approximately one-quarter in land area of the 6-hectare land parcel. Commercial operations have commenced on 1 production bay.
The Group has investment loans extended to Hyperlync Technologies Limited and Wholly Greens Pte Ltd. All the loans have convertible rights to equity. On 1 February 2024, the remaining investment loan extended to Arete M Pte Ltd has been converted to shares as the Company did not participate in Arete M Pte Ltd’s previous loan call. As a result, the Company’s shareholding in Arete M Pte Ltd has been diluted from approximately 30.5% to 15.9%.
The Group has exited the property development business since FY2017. Currently, the Group holds the development right on a piece of land in Kota Bahru, Kelantan, Malaysia, which is available for sale.
Singapore imports over 90% of our food, a vulnerability which has been further accentuated by the COVID-19 pandemic, there has been a renewed focus on local farms such as ours to increase efficiency and to act as a buffer against supply chain shocks and climate change. As a company that literally works the land, we believe that our employees, the community and the environment play vital roles in the continuing existence and growth of our business.
The following pdf documents are published information which is freely available on the SGX Website Announcements page. These are the Edition’s corporate information open to shareholders and public access. Readers may freely download it for personal consumption. Printed copy of the same will not be sent to shareholders.
Edition Limited
78 Gilstead Road Singapore 309116
Email: info@edn.sg
Tel: (65) 6258 1856
Fax: (65) 6352 2849
