Valuetronics Holdings Limited said on Sep, 16 2025 that its wholly owned subsidiary Value Match Company Limited has signed a conditional agreement for YH Inv Holdings Limited to inject HK$15.0 million in cash into Trio AI Limited through the purchase of 15.0 million new ordinary shares.
The proposed subscription will give the new investor 51.7% of Trio AI’s enlarged share capital, cutting Valuetronics’ interest from 55.0% to 26.6%, while Sinnet Cloud HK Limited will hold 21.7%. Trio AI will therefore be re-classified from a subsidiary to an associate in Valuetronics’ accounts.
Completion is subject to customary conditions, including satisfactory due diligence, execution of an amended and restated shareholders’ agreement and the completion of a fund-raising exercise by Yee Hop. The long-stop date is Oct, 31 2025.
Following completion, Trio AI’s board will have five directors—three nominated by the new investor, one by Valuetronics and one by Sinnet Cloud HK. Existing arrangements under which Valuetronics’ unit Computer Asset Limited leases GPU servers to Trio AI will remain unchanged.
Valuetronics said the transaction is not expected to have a material impact on its net tangible assets or earnings per share for the year ending Mar, 31 2026, and no shareholder approval is required under the SGX-ST listing rules.