LITE-ON Announces Its Important Subsidiary LITE-ON SINGAPORE PTE. LTD. Acquires 100% Equity in DAIZU PROPERTY HOLDING PTE. LTD.
LITE-ON SINGAPORE PTE. LTD., a subsidiary of LITE-ON, has acquired 100% of DAIZU PROPERTY HOLDING PTE. LTD. for S$46.85 million. This strategic move aims to deepen the company's development in Singapore.
📋 Article Processing Timeline
- 📰 Published: April 30, 2026 at 09:00
- 🔍 Collected: May 1, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 1, 2026 at 14:15 (6h 15m after Collected)
1. Name and nature of the target object (if it's preferred stock, specify the agreed terms, such as dividend rate): 100% equity in DAIZU PROPERTY HOLDING PTE. LTD.
2. Date of occurrence: 115/4/30 ~ 115/4/30
3. Date of board of directors approval: August 18, 2023
4. Other approval dates: Not applicable
5. Transaction quantity, price per unit, and total transaction amount: Transaction quantity: 2,000 thousand shares Price per share: S$23.425 Total amount: S$46.85 million
6. Transaction counterparty and their relationship with the company (if the counterparty is an individual and not a related party, their name may be omitted): TRUST-BUILD ENGINEERING & CONSTRUCTION PTE. LTD., DAIYA ENGINEERING & CONSTRUCTION PTE LTD, ZULIN (S.E.A.) PTE. LTD. Relationship with the company: Not related parties
7. If the transaction counterparty is a related party, state the reason for selecting them as the counterparty and the previous owner, the relationship between the previous owner, the company, and the transaction counterparty, the previous transfer date, and the transfer amount: Not applicable
8. If the owner of the transaction target has been a related party of the company within the last five years, the related party's acquisition and disposal dates, price, and relationship with the company at the time of the transaction should also be announced: Not applicable
9. Matters related to the disposal of claims (including the type of collateral attached to the claims disposed of, and if the claims disposed of are to related parties, the name of the related party and the book value of the claims to the related party disposed of this time): Not applicable
10. Profit (or loss) from disposal (not applicable for acquisition of securities) (if deferred, explain the recognition status in a table): Not applicable
11. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreements: As per contract
12. Decision method for this transaction, reference basis for price determination, and decision-making unit: Decision method and price determination: Based on expert opinions and agreed price between parties. Decision-making unit: Board of Directors
13. Net asset value per share of the target company for acquired or disposed of securities: S$462.54
14. To date, the cumulative quantity, amount, shareholding ratio, and any restrictions on rights (such as pledges) of the securities in this transaction (including this transaction): Cumulative quantity of securities in this transaction (including this transaction): 2,000 thousand shares Total amount: S$46.85 million Shareholding ratio: 100% Restrictions on rights: None
15. To date, according to Article 3 of the "Regulations Governing Acquisitions or Disposals of Assets by Publicly Offered Companies," the proportion of investment in securities (including this transaction) to the total assets and equity attributable to owners of the parent company in the most recent financial statements, and the amount of working capital in the most recent financial statements (Note 2): Investment in securities (including this transaction) as a percentage of total assets in the company's most recent individual financial statements: 2.75% Investment in securities (including this transaction) as a percentage of equity attributable to owners of the parent company in the company's most recent consolidated financial statements: 5.32% Working capital amount: NT$10,856,387 thousand
16. Broker and brokerage fees: None
17. Specific purpose or use of acquisition or disposal: Deepen development in Singapore
18. Opinions of dissenting directors for this transaction: None
19. Is this transaction a related party transaction: No
20. Date of approval by supervisors or audit committee: August 18, 2023
21. Did the accountant issue an opinion of unreasonableness for this transaction: No
22. Name of accounting firm: SHINEWING Certified Public Accountants
23. Accountant's name: Guo Zhenyu
24. Accountant's practice certificate number: Quan Lian Hui Yi Zi No. 09800071
25. Does it involve a change in operating model: No
26. Explanation of operating model change: Not applicable
27. Transaction status with the counterparty in the past year and expected in the next year: Not applicable
28. Source of funds: Own funds
29. Date of previous announcement of material information on the same event: Not applicable
30. Other matters for description: Singapore Dollar to New Taiwan Dollar exchange rate: 24.75781
2. Date of occurrence: 115/4/30 ~ 115/4/30
3. Date of board of directors approval: August 18, 2023
4. Other approval dates: Not applicable
5. Transaction quantity, price per unit, and total transaction amount: Transaction quantity: 2,000 thousand shares Price per share: S$23.425 Total amount: S$46.85 million
6. Transaction counterparty and their relationship with the company (if the counterparty is an individual and not a related party, their name may be omitted): TRUST-BUILD ENGINEERING & CONSTRUCTION PTE. LTD., DAIYA ENGINEERING & CONSTRUCTION PTE LTD, ZULIN (S.E.A.) PTE. LTD. Relationship with the company: Not related parties
7. If the transaction counterparty is a related party, state the reason for selecting them as the counterparty and the previous owner, the relationship between the previous owner, the company, and the transaction counterparty, the previous transfer date, and the transfer amount: Not applicable
8. If the owner of the transaction target has been a related party of the company within the last five years, the related party's acquisition and disposal dates, price, and relationship with the company at the time of the transaction should also be announced: Not applicable
9. Matters related to the disposal of claims (including the type of collateral attached to the claims disposed of, and if the claims disposed of are to related parties, the name of the related party and the book value of the claims to the related party disposed of this time): Not applicable
10. Profit (or loss) from disposal (not applicable for acquisition of securities) (if deferred, explain the recognition status in a table): Not applicable
11. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreements: As per contract
12. Decision method for this transaction, reference basis for price determination, and decision-making unit: Decision method and price determination: Based on expert opinions and agreed price between parties. Decision-making unit: Board of Directors
13. Net asset value per share of the target company for acquired or disposed of securities: S$462.54
14. To date, the cumulative quantity, amount, shareholding ratio, and any restrictions on rights (such as pledges) of the securities in this transaction (including this transaction): Cumulative quantity of securities in this transaction (including this transaction): 2,000 thousand shares Total amount: S$46.85 million Shareholding ratio: 100% Restrictions on rights: None
15. To date, according to Article 3 of the "Regulations Governing Acquisitions or Disposals of Assets by Publicly Offered Companies," the proportion of investment in securities (including this transaction) to the total assets and equity attributable to owners of the parent company in the most recent financial statements, and the amount of working capital in the most recent financial statements (Note 2): Investment in securities (including this transaction) as a percentage of total assets in the company's most recent individual financial statements: 2.75% Investment in securities (including this transaction) as a percentage of equity attributable to owners of the parent company in the company's most recent consolidated financial statements: 5.32% Working capital amount: NT$10,856,387 thousand
16. Broker and brokerage fees: None
17. Specific purpose or use of acquisition or disposal: Deepen development in Singapore
18. Opinions of dissenting directors for this transaction: None
19. Is this transaction a related party transaction: No
20. Date of approval by supervisors or audit committee: August 18, 2023
21. Did the accountant issue an opinion of unreasonableness for this transaction: No
22. Name of accounting firm: SHINEWING Certified Public Accountants
23. Accountant's name: Guo Zhenyu
24. Accountant's practice certificate number: Quan Lian Hui Yi Zi No. 09800071
25. Does it involve a change in operating model: No
26. Explanation of operating model change: Not applicable
27. Transaction status with the counterparty in the past year and expected in the next year: Not applicable
28. Source of funds: Own funds
29. Date of previous announcement of material information on the same event: Not applicable
30. Other matters for description: Singapore Dollar to New Taiwan Dollar exchange rate: 24.75781