---
title: "TFC: Wholly-owned Subsidiary Singapore TFC Plans to Invest 700,000 SGD to Establish Joint Venture with 35% Stake"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283499874.md"
description: "TFC announced that its wholly-owned subsidiary, Singapore TFC, plans to sign a joint venture agreement with SuperX and APEX VERVE LIMITED to jointly establish SuperX Optical Communications Pte.Ltd. The total investment in the joint venture is 2 million SGD, with Singapore TFC subscribing to 700,000 SGD for a 35% stake; SuperX subscribing to 900,000 SGD for a 45% stake; and APEX VERVE LIMITED subscribing to 400,000 SGD for a 20% stake"
datetime: "2026-04-21T12:31:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283499874.md)
  - [en](https://longbridge.com/en/news/283499874.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283499874.md)
---

# TFC: Wholly-owned Subsidiary Singapore TFC Plans to Invest 700,000 SGD to Establish Joint Venture with 35% Stake

TFC announced that its wholly-owned subsidiary, Singapore TFC, plans to sign《Joint Venture Agreement》with SuperX and APEX VERVE LIMITED to jointly establish SuperX Optical Communications Pte.Ltd. The investment amount in the joint venture is 2 million SGD, with Singapore TFC subscribing to 700,000 SGD for a 35% stake, SuperX subscribing to 900,000 SGD for a 45% stake, and APEX VERVE LIMITED subscribing to 400,000 SGD for a 20% stake.

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