【BizLink-KY】Announcement: Company's 100% Owned Subsidiaries (BizLink Speedy Pte. Ltd. and BizLink (BVI) Corp.) Jointly Complete Acquisition of 100% Equity in PAS Appliance Systems S.A. de C.V.
Key facts
- 【BizLink-KY】Announcement: Company's 100% Owned Subsidiaries (BizLink Speedy Pte. Ltd. and BizLink (BVI) Corp.) Jointly Complete Acquisition of 100% Equity in PAS Appliance Systems S.A. de C.V.
- BizLink-KY's wholly-owned subsidiaries, BizLink Speedy Pte. Ltd. and BizLink (BVI) Corp., have jointly completed the acquisition of 100% equity in PAS Appliance Systems S.A. de C.V. This acquisition strengthens BizLink's North American market presence and expands its business into home appliances, power tools, and residential applications.
- Source: PR Times
- Date: May 13, 2026
Direct answer
BizLink-KY's wholly-owned subsidiaries, BizLink Speedy Pte. Ltd. and BizLink (BVI) Corp., have jointly completed the acquisition of 100% equity in PAS Appliance Systems S.A. de C.V. This acquisition strengthens BizLink's North American market presence and expands its business into home appliances, power tools, and residential applications.
- Citation
- 【BizLink-KY】Announcement: Company's 100% Owned Subsidiaries (BizLink Speedy Pte. Ltd. and BizLink (BVI) Corp.) Jointly Complete Acquisition of 100% Equity in PAS Appliance Systems S.A. de C.V. (May 13, 2026), PR Times
- Source
- PR Times
- Date
- May 13, 2026
BizLink-KY's wholly-owned subsidiaries, BizLink Speedy Pte. Ltd. and BizLink (BVI) Corp., have jointly completed the acquisition of 100% equity in PAS Appliance Systems S.A. de C.V. This acquisition strengthens BizLink's North American market presence and expands its business into home appliances, power tools, and residential applications.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 09:00
- 🔍 Collected: May 14, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 14, 2026 at 08:24 (24 min after Collected)
2. Company name: BizLink Speedy Pte. Ltd. and BizLink (BVI) Corp.
3. Relationship with the Company (please enter 'the Company' or 'subsidiary'): Subsidiary
4. Mutual shareholding ratio: BizLink Speedy Pte. Ltd. and BizLink (BVI) Corp. are both 100% owned subsidiaries of BizLink Holding Inc.
5. Reason for the occurrence:
The Company announced that its subsidiaries, BizLink Speedy Pte. Ltd. and BizLink (BVI) Corp., have jointly completed the acquisition of PAS Appliance Systems S.A. de C.V. (hereinafter referred to as "PAS"). All precedent conditions for the closing of this case have been met, and approval from the Mexican government's antitrust review has been obtained. PAS will be included in the Company's consolidated financial statements starting from May 13, 2026.
This acquisition will further strengthen BizLink's product portfolio and manufacturing layout in the North American market. BizLink will continue to invest in the operational development of PAS, retain its existing employees, and ensure a smooth integration process after the merger; at the same time, by integrating the scale and resource advantages of both parties, it will improve overall operational efficiency and the ability to serve global customers. Leveraging PAS's professional manufacturing capabilities and BizLink's global sales platform's high complementarity, this acquisition will also expand BizLink's business scope in the fields of home appliances, power tools, and residential applications, further deepening its layout in the NAFTA region, especially the US market.
In summary, this acquisition aligns with the Company's long-term development strategy and will have a positive impact on enhancing the overall operational scale, strengthening market competitiveness, and expanding global presence.
6. Countermeasures: Disclose significant information.
7. Other matters that need to be specified (if the subject of the event or resolution is a public offering company or above, this significant information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a material impact on shareholders' equity or securities prices): None.
FAQ
What are the key facts in this article?
BizLink-KY's wholly-owned subsidiaries, BizLink Speedy Pte. Ltd. and BizLink (BVI) Corp., have jointly completed the acquisition of 100% equity in PAS Appliance Systems S.A. de C.V. This acquisition strengthens BizLink's North American market presence and expands its business into home appliances, power tools, and residential applications.
What is the direct answer?
BizLink-KY's wholly-owned subsidiaries, BizLink Speedy Pte. Ltd. and BizLink (BVI) Corp., have jointly completed the acquisition of 100% equity in PAS Appliance Systems S.A. de C.V. This acquisition strengthens BizLink's North American market presence and expands its business into home appliances, power tools, and residential applications.
What is the source and date?
PR Times: https://mops.twse.com.tw/material/twse-3665-2026-05-13-13ef36da | May 13, 2026