Multi-Chem Ltd. said on Sep, 23 2026 that its wholly owned unit, M.Tech Products Pte. Ltd., has received a notice from a key vendor suspending all order acceptances, marketing, business development activities and commercial communications with immediate effect, though technical support for existing end-customers will continue.

The products supplied by the vendor contributed between 5% and 10% of the Group’s consolidated revenue for the six months ended Jun, 30 2026.

Multi-Chem warned that the suspension is expected to have a material adverse impact on its net tangible assets per share and earnings per share for the financial year ending Dec, 31 2026. The company said it plans to mitigate the effect by expanding sales with other existing vendors and pursuing new vendor partnerships.

The board noted that none of the directors or controlling shareholders has any interest in the matter beyond their existing stakes in the company. It added that further announcements will be made as material developments arise and advised investors to exercise caution when trading the company’s shares.