---
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.

### Related Stocks

- [300394.CN](https://longbridge.com/en/quote/300394.CN.md)
- [SUPX.US](https://longbridge.com/en/quote/SUPX.US.md)

## Related News & Research

- [iA Global Asset Management Inc. Takes $7.16 Million Position in Ciena Corporation $CIEN](https://longbridge.com/en/news/286746989.md)
- [Elyxium Wealth LLC Invests $2.75 Billion in Ciena Corporation $CIEN](https://longbridge.com/en/news/286734509.md)
- [Abaxx to Launch Silver Singapore Futures on May 22, 2026 | ABXXF Stock News](https://longbridge.com/en/news/286762247.md)
- [ProShare Advisors LLC Purchases 257,762 Shares of Cintas Corporation $CTAS](https://longbridge.com/en/news/286893600.md)
- [ProShare Advisors LLC Buys 623,752 Shares of Gilead Sciences, Inc. $GILD](https://longbridge.com/en/news/286893590.md)