Addvalue Technologies is trading 10.27% down at SGD 0.17 after shareholders approved Addvalue Solutions’ spin-off and proposed Nasdaq listing on September 24, 2026. - The deal covers the Inter-Satellite Data Relay System business and associated dilution; the listing aims to eliminate a potential conglomerate discount. - Investors questioned the rationale, valuation complexity and consultant arrangements; continued consolidation and differing accounting standards could complicate valuation. - Business Times reported a prior-session decline; shares fell from SGD 0.20 to SGD 0.17 over the latest seven days.