Member Info for billy101203

13 Feb 2026 07:00

RNS Number : 8371S

GSTechnologies Ltd

13 February 2026

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION (EU) 596/2014 AS IT FORMS PART OF DOMESTIC LAW IN THE UNITED KINGDOM BY VIRTUE OF THE EU (WITHDRAWAL) ACT 2018.

13 February 2026

GSTechnologies Limited

("GST" or the "Company")

Semnet Update

GSTechnologies Ltd (LSE: GST), the fintech company, announces an update regarding the Company's 66.67% owned subsidiary Semnet Pte. Ltd ("Semnet").

As announced on 18 July 2025, the Company issued a notice of arbitration to Choo Seet EE and Zheng Kang Wen Mervyn (the "Sellers"), the sellers of Semnet, as set out in the Sale and Purchase Agreement ("SPA") dated 5 December 2023. As referenced in the Company's interim results announced on 18 December 2025, a mediation hearing was held in early December 2025 with a view to agreeing a formal settlement agreement between the Sellers and the Company. However, formal settlement terms have not been reached, and consequently, Semnet has now formally issued and served a writ of summons against the Sellers and Hoi Yan ('Daphane') Chong (a former Semnet manager) to vigorously pursue claims for alleged breaches of fiduciary and contractual duties, including breaches of the SPA, that have negatively impacted the Semnet business. The total damages sought are approximately US$4.2 million.

The GST Board remains committed to protecting the interests of shareholders and will announce further updates as appropriate.

So no reply to what was happening on the 8th and 17th May.

Come to think of it what as happening on the 28th May.

Clue since the 7th May buy EMS has been very tight and controlled.

Look at the 2m trade on 17th after the 2x1m trades went red showed price at .38 when it was .3845. It reverted to point .3845 after contract note issued!!!!!

Keep reply short.

Just answer what the 8th & 17th trades showed

You really have no clue. You’re throwing mud at anything now. Thats a sign of someone desperate. You must have been hit hard on the 8th May and it December.

You have no clue about the 8th May , 17th May trades and anything in between these dates.

I been watching you explain Mr SINT trades made but Massive has turned you over time and time again.

BFD posted ironic how Sint trades are not manipulated the SP on the way up but not on n the way down.

Let the process do its thing. No one has a clue of the outcome. The outcome has a bias against the Defendants at present due to the SPA.

That's some desperate posting going on. I see another weekend of copy and pasting. Someone tell Chrismaxfear the data centres in the mid east have all gone!

Chris but you missed your own boat!!!!

Chris email Wong go on!!!!

Whilst your at it email Angra or lord big r ollux

Really Zag?!!!!

Large sells were being offered at .3053 all day up to 5m

Someone ask PW whilst the price of oil is high can you reduce the borrowing be the declines settle in again on PM?

Love to hear the reply (not the answer)

Enki but said person is trying the case(wine my be) in the (short) court of public opinions (aka aliases)

See what I did there!!!

Zag he has been good, goaded well, if can't see what he has been doing he has pushed it.

Friday again!

By now you know it’s fish n chip day!!!

Massive you’ve been on fire for 3 weeks AKA Chris & Friends do sound desperate.

Off topic…..Leew 25p to 51p nice target for sum income.

Chris you talking to yourself self?

You know what that’s a sign of?

Nite nite ……is this an attempt of scare fest!!!!

Is see Chrimaxfear has been slacking with the scare tactics.

Oh dear

Encep, yes in a nutshell

Last post was very inspiring!

Chrismaxfear

See what I did there!!!!

Back from Costco chickens were £3.99

We still in this. If there was no arbitration how can higher court by say giving stay refer it back to Arbitration?

Has AI response Surgio got it right or wrong or is this a bias?

Or lets say it was decided by arbiter