Tai Sin Electric boosts capital in power distribution unit

SGX Filings

08/28

Tai Sin Electric Limited announced that its wholly-owned subsidiary, Lim Kim Hai Electric Co. (S) Pte. Ltd., subscribed for an additional 725,760 new ordinary shares in Tai Sin Power Distribution Pte. Ltd. on Jun, 1 2026, at one Singapore dollar per share, for a total consideration of about 0.73 million Singapore dollars.

Following the transaction, Lim Kim Hai Electric now holds 1,000,000 fully paid-up ordinary shares in Tai Sin Power Distribution, amounting to one million Singapore dollars in share capital. The investment was funded through internal resources and is not expected to materially affect Tai Sin Electric’s net tangible assets or earnings per share for the financial year ended Jun, 30 2026.

The company noted that none of its directors or controlling shareholders has any interest in the transaction beyond their shareholdings. The announcement was released on Aug, 28 2026.

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(S) Pte. Ltd., subscribed for an additional 725,760 new ordinary shares in Tai Sin Power Distribution Pte. Ltd. on Jun, 1 2026, at one Singapore dollar per share, for a total consideration of about 0.73 million Singapore dollars.</p>\n<p>Following the transaction, Lim Kim Hai Electric now holds 1,000,000 fully paid-up ordinary shares in Tai Sin Power Distribution, amounting to one million Singapore dollars in share capital. The investment was funded through internal resources and is not expected to materially affect Tai Sin Electric’s net tangible assets or earnings per share for the financial year ended Jun, 30 2026.</p>\n<p>The company noted that none of its directors or controlling shareholders has any interest in the transaction beyond their shareholdings. The announcement was released on Aug, 28 2026.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"500.SI","symbol_name":"台新电缆","start_time":0,"source_url":"","article_id":"1145607395","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1145607395","pubTimestamp":1787911804,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"SGX Filings","introduction":"Fastest News on SGX Filings ","home_visible":1,"id":"1083912268","head_image":"https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39"},"summary":"Tai Sin Electric Limited announced that its wholly-owned subsidiary, Lim Kim Hai Electric Co. (S) Pte. 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