Chenbro Resolves to Capitalize Malaysian Subsidiary Up to NT$400 Million
Server chassis manufacturer Chenbro has resolved to increase capital in its Malaysian subsidiary, CHENBRO (MALAYSIA) SDN. BHD., by up to NT$400 million. This move aims to support market operations and global supply chain layout, following the company's announcement of record-high Q1 earnings.
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ASEAN Financial Special Report (Total 300 Articles)
Central News Agency (CNA)
Seize the New Southbound Policy, focus on ASEAN economic trends. CNA's "Southeast Asia Financial Information Network" selects multiple financial headlines from Thailand, Vietnam, Indonesia, Malaysia, and the Philippines daily. Whether it's new government policies, industry trends, or investment opportunities, you'll grasp key information in real-time, gain market insights, and seize business opportunities.
(CNA, Taipei, 7th) Server chassis giant Chenbro announced today that its board of directors has resolved to approve a capital increase for its wholly-owned subsidiary CHENBRO (MALAYSIA) SDN. BHD., with a total transaction amount within NT$400 million, to cope with market operational development and global supply chain layout.
Chenbro stated that CHENBRO (MALAYSIA) SDN. BHD. is a 100% owned subsidiary, and the investment is based on funding needs; as of now, the cumulative amount of securities held in this transaction (including this transaction) is within NT$2 billion.
Chenbro also released its first-quarter financial report today, with revenue of NT$7.107 billion, a 5.4% quarter-on-quarter increase and a 71.1% year-on-year increase; net profit attributable to the parent company was NT$1.335 billion, a 24.8% quarter-on-quarter increase and a twofold increase compared to the same period last year, with earnings per share of NT$10.73, hitting a record high and earning an entire capital stock in a single quarter. 1150507
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Central News Agency (CNA)
Seize the New Southbound Policy, focus on ASEAN economic trends. CNA's "Southeast Asia Financial Information Network" selects multiple financial headlines from Thailand, Vietnam, Indonesia, Malaysia, and the Philippines daily. Whether it's new government policies, industry trends, or investment opportunities, you'll grasp key information in real-time, gain market insights, and seize business opportunities.
(CNA, Taipei, 7th) Server chassis giant Chenbro announced today that its board of directors has resolved to approve a capital increase for its wholly-owned subsidiary CHENBRO (MALAYSIA) SDN. BHD., with a total transaction amount within NT$400 million, to cope with market operational development and global supply chain layout.
Chenbro stated that CHENBRO (MALAYSIA) SDN. BHD. is a 100% owned subsidiary, and the investment is based on funding needs; as of now, the cumulative amount of securities held in this transaction (including this transaction) is within NT$2 billion.
Chenbro also released its first-quarter financial report today, with revenue of NT$7.107 billion, a 5.4% quarter-on-quarter increase and a 71.1% year-on-year increase; net profit attributable to the parent company was NT$1.335 billion, a 24.8% quarter-on-quarter increase and a twofold increase compared to the same period last year, with earnings per share of NT$10.73, hitting a record high and earning an entire capital stock in a single quarter. 1150507
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The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.