Announcement: Accton Subsidiary Leases Factory in Singapore
Accton Technology Corp. (TWSE: 2345) has announced that its subsidiary, **Accton Technology SG Pte Ltd.**, has entered into a lease agreement for an industrial facility in Singapore.
### Transaction Details - **Property Address**: 4 Bulim Lane 1, Bulim Square, Singapore 648116 - **Leased Area**: 22,636.30 square meters - **Total Transaction Value**: SGD 40.1 Million - **Counterparty**: JTC (Jurong Town Corporation), a non-related party. - **Board Approval Date**: May 7, 2026 (Republic of China Year 115)
### Strategic Purpose The acquisition of this leasehold interest is intended for the company's long-term development and strategic expansion of its global footprint. A professional appraisal report from Cheng Cheng Strait Real Estate Appraisers Joint Firm valued the lease at SGD 39.9 Million, supporting the fairness of the transaction price. This move underscores Accton's commitment to enhancing its manufacturing and operational capabilities in Southeast Asia.
FACT BOX
- Source: PR Times
- Category: News
- Organizations: Accton Technology SG Pte Ltd. / JTC
- Dates in source: 115/5/7 (2026/5/7)