KSH Holdings acquires 25% stake in Thomson Gem Pte. Ltd. joint venture, strengthening its portfolio
Link: https://links.sgx.com/1.0.0/corporate-announcements/NVKBZTUK7QS3ZTM1/3b478c6468ffc9ee42d1ecea52486c0f82fcd041f35efeae5d2bfa1991caa65b
Summary:
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KSH Blazar Pte. Ltd., a wholly-owned subsidiary of KSH Holdings, acquired 250 new shares of Thomson Gem Pte. Ltd. on 23 October 2025.
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The acquisition represents a 25% shareholding interest in the joint venture company.
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JV Company’s issued and paid-up capital increased to S$1,000 (1,000 ordinary shares), with KSH Blazar holding 250 shares.
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Acquisition was funded via internal resources and is not expected to impact earnings or net tangible assets per share for the financial year ending 31 March 2026.
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No director or controlling shareholder has any direct or indirect interest in the acquisition, other than through shareholdings.