According to a filing with the Taiwan Stock Exchange, networking equipment design and manufacturing major Accton Technology (stock code: 2345) approved a cash capital injection into its Singapore-based wholly-owned subsidiary, Accton Technology SG Pte Ltd., during a board meeting on May 18, 2026.

The resolved capital increase amounts to US$35 million and is intended for "long-term investment." The funds will be sourced from the company's own capital. This transaction will bring Accton's cumulative investment in the subsidiary to US$126.76 million.

Information disclosed by the company indicates that this securities investment represents 10.86% of total assets and 25.80% of parent company equity as per the latest financial statements. No directors expressed dissent regarding this transaction. The audit committee also approved the transaction on the same day.

FACT BOX

  • Source: PR Times
  • Category: Funding
  • Organizations: Accton Technology SG Pte Ltd.