KING BROTHER: Establishing a subsidiary in Singapore with a registered capital of 1,000 Singapore dollars

Zhitong
2025.04.07 13:30

KING BROTHER announced that the company, through its wholly-owned subsidiary Hong Kong KING BROTHER, has established a wholly-owned subsidiary KING BROTHER TECHNOLOGY SINGAPORE PTE.LTD. in Singapore, with a registered capital of 1,000 Singapore dollars. The company's investment in establishing a wholly-owned subsidiary in Singapore aligns with its international business development plan and is an important measure in the company's strategy for technology, manufacturing, and scientific innovation services abroad. This move is beneficial for the company to further expand its overseas market and enhance its overall competitive strength. This external investment will be funded by the company's own capital and will not have a significant impact on the company's financial condition and operating situation