---
title: "L&K plans to establish a subsidiary in Singapore to further promote the development of overseas business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231712812.md"
description: "According to the Zhitong Finance APP, L&K announced that the company plans to invest an equivalent of SGD 30 million of its own funds to establish a wholly-owned subsidiary in Singapore. The company will fully leverage the advantages of the geographical location, trade environment, investment environment, talent resources, and the rapid aggregation of the chip industry chain in Southeast Asia, including Singapore, to further promote the development of overseas business and enhance the overall competitiveness of the company"
datetime: "2025-03-13T14:07:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231712812.md)
  - [en](https://longbridge.com/en/news/231712812.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231712812.md)
---

# L&K plans to establish a subsidiary in Singapore to further promote the development of overseas business

According to the Zhitong Finance APP, L&K (603929.SH) announced that the company plans to invest an equivalent of SGD 30 million of its own funds to establish a wholly-owned subsidiary in Singapore. The company will fully leverage the advantages of the geographical location, trade environment, investment environment, talent resources, and the rapid aggregation of the chip industry chain in Southeast Asia, including Singapore, to further promote the development of overseas business and enhance the overall competitiveness of the company

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