Tengyun Technology Accelerates Fintech and AI with Acquisition of CRAFT AI SOLUTIONS Equity
Tengyun Technology, a digital transformation solution provider, announced it will acquire approximately 20.1% of the equity in Singapore-based CRAFT AI SOLUTIONS PTE. LTD. for under US$5.1 million. This strategic investment aims to deepen and accelerate its Fintech and AI deployment in Southeast Asia, with CRAFT AI SOLUTIONS specializing in data analytics, data processing, and software development.
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- 📰 Published: May 13, 2026 at 16:28
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ASEAN Finance Special Report (Total 300 articles)
Central News Agency
Seize the New Southbound, look to ASEAN's economic pulse. Central News Agency's 'Southeast Asia Finance and Economics Information Network' selects multiple financial headlines daily from countries such as Thailand, Vietnam, Indonesia, Malaysia, and the Philippines. Whether it's new government policies, industry trends, or investment opportunities, it allows you to grasp key information in real-time, gain insight into the market, and seize business opportunities.
(Central News Agency, Taipei, May 13) Tengyun Technology, a digital transformation solution provider, stated today that based on strategic investment and deepening and accelerating its deployment of Fintech and AI in Southeast Asia, its board of directors resolved to approve the acquisition of equity in CRAFT AI SOLUTIONS PTE. LTD., holding approximately 20.1% of the shares.
Tengyun pointed out that it plans to acquire 452,710 common shares of CRAFT AI SOLUTIONS, with the total transaction amount not exceeding US$5.1 million.
CRAFT AI SOLUTIONS is a software and data analytics enterprise registered in Singapore, with its main businesses including data analysis, data processing, and software and application development. 1150513
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Central News Agency
Seize the New Southbound, look to ASEAN's economic pulse. Central News Agency's 'Southeast Asia Finance and Economics Information Network' selects multiple financial headlines daily from countries such as Thailand, Vietnam, Indonesia, Malaysia, and the Philippines. Whether it's new government policies, industry trends, or investment opportunities, it allows you to grasp key information in real-time, gain insight into the market, and seize business opportunities.
(Central News Agency, Taipei, May 13) Tengyun Technology, a digital transformation solution provider, stated today that based on strategic investment and deepening and accelerating its deployment of Fintech and AI in Southeast Asia, its board of directors resolved to approve the acquisition of equity in CRAFT AI SOLUTIONS PTE. LTD., holding approximately 20.1% of the shares.
Tengyun pointed out that it plans to acquire 452,710 common shares of CRAFT AI SOLUTIONS, with the total transaction amount not exceeding US$5.1 million.
CRAFT AI SOLUTIONS is a software and data analytics enterprise registered in Singapore, with its main businesses including data analysis, data processing, and software and application development. 1150513
Stand with the facts. Your sponsorship is the power to protect press freedom.
Download the Central News Agency 'First-hand News' APP to stay updated with the latest news.
Reproduction, public broadcasting, public transmission, and utilization of the text, images, and videos on this website are prohibited without authorization.