Star Integratia Ltd

What the company does

Star Integratia Limited is a Singapore-based geomancy services company that provides professional geomancy consulting solutions, curated geomancy-related products, thematic geomancy events and subscription-based online services to individual and institutional clients. The business was founded and is led by Ms. LIM Kiam Kiam, who has more than four decades of experience in Chinese geomancy practice. The company operates through an integrated platform that supports consulting services and related offerings and is expanding digital capabilities, including the development of an AI-enabled geomancy analysis tool, serving clients across multiple Asian markets through in-person engagements, project-based assignments and digital service delivery.

Use of proceeds

The company estimates it will receive net proceeds from this offering of approximately US$25.38 million (or US$29.45 million if the underwriters exercise their over-allotment option in full), after deducting the underwriting discounts, commissions and estimated offering expenses payable by it. The company has not specified further allocation in the excerpts provided.

Underwriters

Extracted from F-1/A 0001493152-26-043076, filed Sep 17, 2026 and verified against that filing text.

Key risk factors

• Customer trust and reputation

  “A decline in customer trust may reduce demand for our geomancy services and products and have a material adverse effect on our business, financial condition, results of operations and prospects.”

• Public perception of geomancy

  “Public perception of geomancy and related consulting services varies across different markets, and levels of acceptance continue to evolve.”

• Use of proceeds discretion

  “However, our management will have significant discretion as to the use of the net proceeds to us from this offering and could spend the net proceeds in ways that do not improve our results of operations or enhance the trading price of our Ordinary Shares.”

• Loss of foreign private issuer status

  “If we cease to qualify as a foreign private issuer, we would be required to comply fully with the reporting requirements of the Exchange Act applicable to U.S. domestic issuers, and we would incur significant additional legal, accounting and other expenses that we would not incur as a foreign private issuer.”

• Reduced corporate governance protections as foreign private issuer

  “As we are a foreign private issuer and are exempt from certain Nasdaq corporate governance standards applicable to U.S. issuers, you will have less protection than you would have if we were a domestic issuer.”

• Controlled company exemptions

  “We are a "controlled company" as defined under the Nasdaq listing rules and, as a result, can rely on exemptions from certain corporate governance requirements that provide protection to shareholders.”

• HFCA Act potential delisting

  “Our Ordinary Shares may be delisted under the HFCA Act if the PCAOB is unable to inspect our auditors for two consecutive years.”

• Concentrated founder voting power

  “As a result of the concentration of ownership, Ms. LIM Kiam Kiam will be able to unilaterally decide all corporate matters requiring shareholder approval, such as election of directors, amendment of constitutional documents including our memorandum and articles of association, and significant corporate transactions.”