Delta Electronics: Board of Directors Resolves that Subsidiary DET Plans to Increase Capital in DESS, and DESS Further Increases Capital in DIN
Delta Electronics' board of directors resolved that its subsidiary, Delta Electronics (Thailand) Public Company Limited (DET), plans to increase capital in Delta Energy Systems (Singapore) PTE. LTD. (DESS) by approximately US$66 million. DESS will then further increase capital in its subsidiary, Delta Electronics India Pvt. Ltd. (DIN), by approximately US$66 million in stages, primarily to support DIN's factory construction funding needs.
📋 Article Processing Timeline
- 📰 Published: April 29, 2026 at 09:00
- 🔍 Collected: April 30, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 30, 2026 at 08:04 (4 min after Collected)
1. Name and nature of the target (for preferred shares, the agreed terms of issuance, such as dividend rate, should also be specified): Ordinary shares of Delta Energy Systems (Singapore) PTE. LTD. (DESS) and ordinary shares of Delta Electronics India Pvt. Ltd. (DIN).
2. Date of occurrence: 115/4/29~115/4/29.
3. Date of board resolution: April 29, 115 (ROC calendar).
4. Other approval dates: Not applicable.
5. Transaction volume, unit price, and total transaction amount:
DESS:
Transaction volume: Approximately 66 million shares.
Unit price: US$1.
Total transaction amount: Approximately US$66 million.
DIN:
Expected capital increase of approximately US$66 million, to be increased in stages.
First capital injection:
Transaction volume: Approximately 128 million shares.
Unit price: Approximately US$0.23.
Total transaction amount: Approximately US$30 million.
Remaining capital injection of approximately US$36 million will be increased as needed.
6. Counterparty and its relationship with the company (if the counterparty is a natural person and not a related party of the company, their name may be omitted):
Delta Electronics (Thailand) Public Company Limited (DET) is a subsidiary of the company. This case involves DET planning to increase capital in its 100% subsidiary DESS by approximately US$66 million; DESS will then further increase capital in its subsidiary DIN by approximately US$66 million, to be increased in stages.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner, the relationship between the previous owner and the company and the counterparty, the previous transfer date, and the transfer amount should also be announced:
Not applicable.
8. If the ownership of the transaction target has been a related party of the company within the last five years, the date and price of acquisition and disposal by the related party and the relationship with the company at the time of the transaction should also be announced:
Not applicable.
9. Matters related to the disposal of receivables (including the type of collateral attached to the disposed receivables, if the disposed receivables belong to related party receivables, the name of the related party and the book value of the related party's receivables disposed of this time should also be announced):
Not applicable.
10. Disposal profit (or loss) (not applicable for acquisition of securities) (for deferred items, a table should be provided to explain the recognition status):
Not applicable.
11. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreements:
Delivery or payment terms: Remittance to a designated bank account.
Contract restrictions and other important agreements: None.
12. Method of determining this transaction, reference basis for price determination, and decision-making unit:
This case was approved by the board of directors of the company, DET, and DESS, respectively.
13. Net value per share of the target company for acquisition or disposal of securities:
Not applicable.
14. As of now, the cumulative number, amount, shareholding ratio, and restrictions on rights (such as pledge status) of this transaction's securities (including this transaction):
DESS:
Cumulative number of this transaction's securities (including this transaction): Approximately 411 million shares.
Cumulative amount of this transaction's securities (including this transaction): Approximately US$411 million.
Cumulative shareholding ratio of this transaction's securities (including this transaction): 100%.
Restrictions on rights: None.
DIN:
First capital injection:
Cumulative number of this transaction's securities (including this transaction): Approximately 1,848 million shares.
Cumulative amount of this transaction's securities (including this transaction): Approximately US$424 million.
Cumulative shareholding ratio of this transaction's securities (including this transaction): 100%.
Restrictions on rights: None.
Including subsequent capital injections:
Cumulative amount of this transaction's securities (including this transaction): Approximately US$460 million.
Cumulative shareholding ratio of this transaction's securities (including this transaction): 100%.
Restrictions on rights: None.
15. As of now, the proportion of investment in securities listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" (including this transaction) to the total assets and equity attributable to owners of the parent company in the most recent financial report, and the amount of working capital in the most recent financial report (Note 2):
Proportion of total assets: 70.64%.
Proportion of equity attributable to owners of the parent company: 110.87%.
Working capital amount: -NT$10,463,518 thousand (the group's cash is sufficient to pay the transaction price).
16. Broker and brokerage fees: Not applicable.
17. Specific purpose or use of acquisition or disposal: To support the capital needs for subsidiary factory construction.
18. Opinions of dissenting directors on this transaction: None.
19. This transaction is a related party transaction: Yes.
20. Date of approval by supervisors or audit committee: April 29, 115 (ROC calendar).
21. Accountant's non-reasonable opinion on this transaction: Not applicable.
22. Accounting firm name: Not applicable.
23. Accountant's name: Not applicable.
24. Accountant's practice certificate number: Not applicable.
25. Does it involve changes in operating model: No.
26. Explanation of changes in operating model: Not applicable.
27. Transaction status with counterparties in the past year and expected next year: Not applicable.
28. Source of funds: Not applicable.
29. Date of previous material information announcement on the same event: Not applicable.
30. Other matters to be specified:
1. Net value per share and transaction amount per share of the following two companies in the most recent financial statements audited or reviewed by a certified public accountant:
DESS net value per share is approximately US$1.26, and the transaction amount per share is US$1, with a difference of more than 20%.
DIN net value per share is US$0.21, and the transaction amount per share is approximately US$0.23, with a difference of less than 20%.
2. The number of shares for DIN's remaining capital injection will be announced separately after confirmation.
2. Date of occurrence: 115/4/29~115/4/29.
3. Date of board resolution: April 29, 115 (ROC calendar).
4. Other approval dates: Not applicable.
5. Transaction volume, unit price, and total transaction amount:
DESS:
Transaction volume: Approximately 66 million shares.
Unit price: US$1.
Total transaction amount: Approximately US$66 million.
DIN:
Expected capital increase of approximately US$66 million, to be increased in stages.
First capital injection:
Transaction volume: Approximately 128 million shares.
Unit price: Approximately US$0.23.
Total transaction amount: Approximately US$30 million.
Remaining capital injection of approximately US$36 million will be increased as needed.
6. Counterparty and its relationship with the company (if the counterparty is a natural person and not a related party of the company, their name may be omitted):
Delta Electronics (Thailand) Public Company Limited (DET) is a subsidiary of the company. This case involves DET planning to increase capital in its 100% subsidiary DESS by approximately US$66 million; DESS will then further increase capital in its subsidiary DIN by approximately US$66 million, to be increased in stages.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner, the relationship between the previous owner and the company and the counterparty, the previous transfer date, and the transfer amount should also be announced:
Not applicable.
8. If the ownership of the transaction target has been a related party of the company within the last five years, the date and price of acquisition and disposal by the related party and the relationship with the company at the time of the transaction should also be announced:
Not applicable.
9. Matters related to the disposal of receivables (including the type of collateral attached to the disposed receivables, if the disposed receivables belong to related party receivables, the name of the related party and the book value of the related party's receivables disposed of this time should also be announced):
Not applicable.
10. Disposal profit (or loss) (not applicable for acquisition of securities) (for deferred items, a table should be provided to explain the recognition status):
Not applicable.
11. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreements:
Delivery or payment terms: Remittance to a designated bank account.
Contract restrictions and other important agreements: None.
12. Method of determining this transaction, reference basis for price determination, and decision-making unit:
This case was approved by the board of directors of the company, DET, and DESS, respectively.
13. Net value per share of the target company for acquisition or disposal of securities:
Not applicable.
14. As of now, the cumulative number, amount, shareholding ratio, and restrictions on rights (such as pledge status) of this transaction's securities (including this transaction):
DESS:
Cumulative number of this transaction's securities (including this transaction): Approximately 411 million shares.
Cumulative amount of this transaction's securities (including this transaction): Approximately US$411 million.
Cumulative shareholding ratio of this transaction's securities (including this transaction): 100%.
Restrictions on rights: None.
DIN:
First capital injection:
Cumulative number of this transaction's securities (including this transaction): Approximately 1,848 million shares.
Cumulative amount of this transaction's securities (including this transaction): Approximately US$424 million.
Cumulative shareholding ratio of this transaction's securities (including this transaction): 100%.
Restrictions on rights: None.
Including subsequent capital injections:
Cumulative amount of this transaction's securities (including this transaction): Approximately US$460 million.
Cumulative shareholding ratio of this transaction's securities (including this transaction): 100%.
Restrictions on rights: None.
15. As of now, the proportion of investment in securities listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" (including this transaction) to the total assets and equity attributable to owners of the parent company in the most recent financial report, and the amount of working capital in the most recent financial report (Note 2):
Proportion of total assets: 70.64%.
Proportion of equity attributable to owners of the parent company: 110.87%.
Working capital amount: -NT$10,463,518 thousand (the group's cash is sufficient to pay the transaction price).
16. Broker and brokerage fees: Not applicable.
17. Specific purpose or use of acquisition or disposal: To support the capital needs for subsidiary factory construction.
18. Opinions of dissenting directors on this transaction: None.
19. This transaction is a related party transaction: Yes.
20. Date of approval by supervisors or audit committee: April 29, 115 (ROC calendar).
21. Accountant's non-reasonable opinion on this transaction: Not applicable.
22. Accounting firm name: Not applicable.
23. Accountant's name: Not applicable.
24. Accountant's practice certificate number: Not applicable.
25. Does it involve changes in operating model: No.
26. Explanation of changes in operating model: Not applicable.
27. Transaction status with counterparties in the past year and expected next year: Not applicable.
28. Source of funds: Not applicable.
29. Date of previous material information announcement on the same event: Not applicable.
30. Other matters to be specified:
1. Net value per share and transaction amount per share of the following two companies in the most recent financial statements audited or reviewed by a certified public accountant:
DESS net value per share is approximately US$1.26, and the transaction amount per share is US$1, with a difference of more than 20%.
DIN net value per share is US$0.21, and the transaction amount per share is approximately US$0.23, with a difference of less than 20%.
2. The number of shares for DIN's remaining capital injection will be announced separately after confirmation.