Hoe Leong Unit Boosts Investment in Australian Subsidiary

MT Newswires

2025/12/08

Hoe Leong (SGX:H20) unit Trackspares Global increased its investment in Australian stepdown subsidiary Trackspares (Australia) to SG$5.1 million from SG$4.3 million, according to a Monday filing with the Singapore Exchange.

The investment was carried out through the subscription of 1 million new shares at AU$1 per share.

The investment was funded by internal resources, the filing stated.

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