---
title: "Spindex to delist after $165m PrimeMovers and Hong Wei acquisition"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/275695814.md"
description: "Spindex Industries Limited will be delisted from the SGX on 13 February 2026 following its $165 million acquisition by PrimeMovers Equity (S) Pte. Ltd. and Hong Wei Holdings Ltd, completed on 11 February 2026. The acquisition, part of a scheme of arrangement, was facilitated by Skyline II Pte. Ltd., a joint venture between Hong Wei Holdings and Skyline I Pte. Ltd. Spindex operates manufacturing facilities across Singapore, Malaysia, China, and Vietnam, serving various sectors including automotive and medical."
datetime: "2026-02-12T03:43:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275695814.md)
  - [en](https://longbridge.com/en/news/275695814.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275695814.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/275695814.md) | [繁體中文](https://longbridge.com/zh-HK/news/275695814.md)


# Spindex to delist after $165m PrimeMovers and Hong Wei acquisition

**It will be delisted starting 13 February.**

PrimeMovers Equity (S) Pte. Ltd. and Hong Wei Holdings Ltd completed the $165m take-private acquisition of Spindex Industries Limited via a scheme of arrangement on 11 February 2026.

The company will also delist from the SGX on 13 February, according to a press release.

Skyline II Pte. Ltd.—a joint venture between Hong Wei Holdings and Skyline I Pte. Ltd.—acted as an offeror.

Spindex operates approximately 1.2 million sq ft of manufacturing facilities across Singapore, Malaysia, China, and Vietnam, supplying machined components to automotive, consumer products, office automation, medical, and semiconductor sectors.

The acquisition follows a September 2025 agreement. CGS International Securities served as financial advisor, with Drew & Napier LLC and Ashurst ADTLaw providing legal counsel to the offeror and PrimeMovers, respectively.

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