Nextron Precision's Singapore Subsidiary Approves Earnings Distribution
NQ Score
4/100
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2
AI Summary (NQ-processed)
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.