Lite-On Technology's Singapore Subsidiary Acquires All Shares of DAIZU PROPERTY

Lite-On Technology's important subsidiary, LITE-ON SINGAPORE PTE. LTD., announced the acquisition of 100% equity in DAIZU PROPERTY HOLDING PTE. LTD. for a total transaction amount of 46.85 million Singapore Dollars, aimed at deepening its development in Singapore.
提携NQ 0/100出典:PR Times

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  • 📰 Published: April 30, 2026 at 18:10
  • 🔍 Collected: April 30, 2026 at 18:31 (21 min after Published)
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Central News Agency

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(Taipei, April 30, Central News Agency) Lite-On Technology today announced on behalf of its important subsidiary, LITE-ON SINGAPORE PTE. LTD., the acquisition of 100% equity in DAIZU PROPERTY HOLDING PTE. LTD. The total transaction amount is 46.85 million Singapore Dollars, with the purpose of deepening its development in Singapore.

Lite-On Technology announced in August last year its intention to acquire 100% equity in DAIZU PROPERTY, a construction company registered in Singapore, to obtain its Singapore office building assets.

Lite-On Technology announced today that its Singapore subsidiary, LITE-ON SINGAPORE, acquired 100% equity in DAIZU PROPERTY, totaling 2 million shares, at a price of 23.425 Singapore Dollars per share, for a total transaction amount of 46.85 million Singapore Dollars. The transaction counterparties are TRUST-BUILD ENGINEERING & CONSTRUCTION PTE. LTD., DAIYA ENGINEERING & CONSTRUCTION PTE LTD, and ZULIN (S.E.A.) PTE. LTD., all non-related parties.

Lite-On Technology's Q1 revenue this year was NT$43.407 billion, an annual increase of 19.2%, but a slight decrease of 2.1% from Q4 last year. Net profit after tax was NT$3.775 billion, an annual increase of 9.2%, and a quarterly decrease of 2.2%.

Looking ahead to Q2, Lite-On Technology General Manager Qiu Sen-bin is optimistic that Q1 was the bottom of the company's operations for the year. In addition to the exclusion of one-time inventory losses, the proportion of Lite-On Technology's AI product shipments is increasing quarter by quarter. He foresees strong year-on-year and quarter-on-quarter growth in both revenue and profit for core businesses in Q2. 1150430