Accton Announces Board Resolution for Capital Increase in Subsidiary Accton Technology SG Pte Ltd.
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AI Summary (NQ-processed)
On May 18, 2026, Accton Technology's board of directors resolved to execute a USD 35 million cash capital increase for its wholly-owned subsidiary, Accton Technology SG Pte Ltd. This capital injection is intended for long-term investment, bringing Accton's cumulative holding amount in the subsidiary to USD 126.76 million. The move is aimed at strengthening the working capital and growth momentum of the Singapore subsidiary.
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