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Accton Announces Factory Lease in Singapore on Behalf of Subsidiary Accton Technology SG Pte Ltd.

NQ Score 88/100

AI Summary (NQ-processed)

Accton Technology announced on behalf of its subsidiary, Accton Technology SG Pte Ltd., that it has leased a factory in Singapore. The deal, approved by the board on May 7, 2026, is for a 22,636.30-square-meter facility located at Bulim Square. The total transaction value is SGD 40.1 million, with JTC, a Singapore government agency, as the counterparty. This lease is intended to support the company's long-term development strategy and expand its operational footprint in Singapore.

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