This transaction
Acquisition of shares and conversion into a subsidiaryThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Engineering business (project work including piping, welding and mechanical work)
The acquisition of these shares and the resulting conversion of the company into a subsidiary will have no impact on ダイサン's consolidated results for the fiscal year ending April 2026. The earnings forecast for the fiscal year ending April 2027 will be disclosed in the earnings report for the fiscal year ended April 2026, scheduled for publication in June 2026.
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares and conversion into a subsidiary |
| Counterparty name | Eng Swee Yeng, Eng Kian Boon, Tan Kwang Kiah |
| Name of the Subject Company | Penguin Engineering & Construction Pte. Ltd. |
| Business Description of the Subject Company | Engineering business (project work including piping, welding and mechanical work) |
| Location of the Subject Company | Singapore |
| Capital Stock of the Subject Company | SGD 200,000 [¥24.992 million] |
| Date of Establishment of the Subject Company | 12 September 1980 |
| Net Sales of the Subject Company | SGD 4,050 thousand (¥493 million), fiscal year ended December 2025 (unaudited) |
| Operating Profit of the Subject Company | SGD 980 thousand (¥119 million), fiscal year ended December 2025 (unaudited) |
| Net Income of the Subject Company | SGD 966 thousand (¥117 million), fiscal year ended December 2025 (unaudited) |
| Net Assets of the Subject Company | SGD 1,179 thousand (¥143 million), fiscal year ended December 2025 (unaudited) |
| Acquisition price | SGD 2,000 thousand [¥249 million] |
| Expenses other than the acquisition price | Related expenses (approximate amount): ¥6 million |
| Number of shares acquired | 200,000 shares. Voting rights ownership ratio: 100.0%. Number of voting rights: not disclosed |
| Voting rights ownership percentage | After 100.0% (before not disclosed) |
| Impact on Business Performance | The acquisition of these shares and the resulting conversion of the company into a subsidiary will have no impact on ダイサン's consolidated results for the fiscal year ending April 2026. The earnings forecast for the fiscal year ending April 2027 will be disclosed in the earnings report for the fiscal year ended April 2026, scheduled for publication in June 2026. |
| Date of board resolution | 21 April 2026 |
| Contract Date | 21 April 2026 (scheduled) |
| Execution Date / Effective Date | 21 April 2026 (scheduled) |
Items this document does not state (13)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The purpose is to incorporate the technical expertise and customer base of Penguin, which engages in such activities as piping installation at petrochemical plants, in order to enhance the added value of the overseas engineering business set out in the medium-term management plan. The aim is to generate synergies that increase the corporate value of both companies by leveraging the compatibility with the engineering division of the existing subsidiary.