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The latest update is out from Incredible Holdings Ltd. ( (SG:RDR) ).
Incredible Holdings Ltd. has entered into a new non-binding memorandum of understanding with Hong Kong–based JianQiao AI Limited to facilitate preliminary discussions on a potential strategic transaction that may include a reverse takeover, replacing an earlier MOU signed on 30 December 2025. The agreement allows both parties to assess the feasibility of a deal through legal, financial, regulatory and commercial due diligence, review JianQiao AI’s unaudited financial information, and explore possible loan financing from JianQiao AI or its related parties, underscoring Incredible Holdings’ ongoing efforts to reposition its business and potentially strengthen its balance sheet, although no binding commitments or board decisions have been made at this stage and no directors or substantial shareholders have disclosed any conflicting interests.
More about Incredible Holdings Ltd.
Incredible Holdings Ltd., incorporated in Singapore, is currently undertaking a strategic review aimed at repositioning its business and enhancing long-term shareholder value, including exploring potential strategic transactions and capital support options.
Current Market Cap: S$5.99M
Learn more about RDR stock on TipRanks’ Stock Analysis page.