Tai Sin Electric Completes Acquisition Deals' Repayments

MT Newswires

2025/11/06

Tai Sin Electric (SGX:500) completed the post-completion repayments linked with the acquisitions of BayWa r.e. Solar Systems and BayWa r.e. Solar Systems Corp., according to a Thursday filing with the Singapore Exchange.

The repayments were completed on Nov. 5, the filing added.

Tai Sin Electric completed the acquisitions of 100% of BayWa r.e. Solar Systems Co. Ltd. and BayWa r.e. Solar Systems Corp. for 12.3 million earlier this month.

The proposed acquisitions are part of the group's strategy to expand into sustainable and future-oriented businesses.

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