CapAllianz says S$3.8 million Body-Mind Wellness Program acquisition price is fair, based on DCF valuation

• CapAllianz issued clarifications on its proposed S$3.8 million acquisition of the Body-Mind Wellness Program, citing DCF-based projections and third-party benchmarking.
• Assets acquired include training materials and customer databases; operations currently depend significantly on Zhang Jiahui, with plans to scale via a digital platform.
• Earn-out capped at S$1.38 million, calculated as 50% of EBITDA over up to three years to June 30, 2029; any unpaid balance lapses.
• Trainer service deal runs five years; fee set at S$15,540 a year for six seven-day classes; treated as operating expense, not acquisition consideration.
• Pro forma NAV uplift of about US$2.16 million driven by US$1.89 million goodwill; identifiable net assets acquired assumed nil, with advance prepayments offset by unearned revenue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capallianz Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: U0J9M8PS09K8AJ2A) on August 03, 2026, and is solely responsible for the information contained therein.