Transcu Group Limited(“Transcu” and together with its subsidiaries, the “Group”), a Singapore Exchange (“SGX”)
Mainboard-Listed company, today announced that it entered into a S$72,000,000 Equity Line
Facility (“ELF”) with YA Global Master SPV, LLC (“YA Global”), a fund managed by Yorkville
Advisors, LLC of Jersey City, New Jersey USA (“Yorkville”). The investment was sourced and
advised by Yorkville Advisors HK.
Transcu, a life sciences company engaged in the research, development and commercialization of
cutting-edge technologies to improve the quality of life, may use the funds for the Group’s general
corporate and working capital purposes and to further develop its existing business portfolio which
includes pharmaceutical, cosmetics and green technology businesses. Under the terms of the ELF,
Transcu may at its discretion, raise up to a total of S$72,000,000 of equity capital in tranches, from
YA Global over a period of 24 months, in exchange for the issue of new ordinary shares, to be
based on the terms and pricing in accordance with the ELF Agreement.
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