Nextron Precision's Singapore Subsidiary Approves Earnings Distribution
Nextron Precision Industrial Co., Ltd. announced on the 19th that the board of its Singapore subsidiary, NEXTRONICS ENGINEERING PTE LTD, has resolved to distribute earnings of SGD 1,479,373 (approx. TWD 36.6 million). The funds will be converted to US dollars and remitted to the Taiwanese parent company. As of the first quarter of this year, Nextron's investment balance in the subsidiary was TWD 687 million.
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- 📰 Published: May 19, 2026 at 16:36
- 🔍 Collected: May 19, 2026 at 17:01 (25 min after Published)
- 🤖 AI Analyzed: May 19, 2026 at 22:31 (5h 29m after Collected)
(CNA, Taipei, May 19) Nextron Precision Industrial Co., Ltd. announced today on behalf of its Singaporean subsidiary, NEXTRONICS ENGINEERING PTE LTD, that the subsidiary's board of directors has approved an earnings distribution of SGD 1,479,373 (approximately TWD 36.6 million). Nextron stated that this amount will be converted into US dollars and remitted to the parent company. As of the end of the first quarter of this year, Nextron's investment balance in the Singaporean subsidiary amounted to TWD 687 million. Nextron's main products include the design, manufacturing, and marketing of high-frequency high-speed connectors, circular connectors, thermal modules, backplanes, press-fit equipment, chassis, and their components. The company focuses on the medical, aerospace, transportation, smart industry, and information and communications technology (ICT) markets, with particular expertise in high-speed, thermal, press-fit, and circular connector technologies.