This transaction
Share acquisition (making the target a grand-subsidiary)The 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.
Manufacture and sale of precision plastic products; manufacture and sale of molds, jigs and other tooling
The impact of this transaction on the Company’s consolidated results for the fiscal year ending March 2027 is expected to be minor. The Company will promptly disclose any matters requiring disclosure that arise in the future.
| Item | Details |
|---|---|
| Transaction name | Share acquisition (making the target a grand-subsidiary) |
| Counterparty name | Tan Ying Yi, Tan Ying Long, Chan Phuey Sam |
| Name of the Subject Company | PRESTIGE DYNAMICS INDUSTRIES Sdn.Bhd. |
| Business Description of the Subject Company | Manufacture and sale of precision plastic products; manufacture and sale of molds, jigs and other tooling |
| Location of the Subject Company | Perai, Penang, Malaysia |
| Capital Stock of the Subject Company | MYR 2,000,000 |
| Date of Establishment of the Subject Company | 25 May 1990 |
| Acquisition price | Not disclosed due to confidentiality obligations under the share transfer agreement |
| Number of shares acquired | 2,000,000 shares (number of voting rights: Not disclosed) |
| Voting rights ownership percentage | Before -% → after 100% |
| Impact on Business Performance | The impact of this transaction on the Company’s consolidated results for the fiscal year ending March 2027 is expected to be minor. The Company will promptly disclose any matters requiring disclosure that arise in the future. |
| Date of board resolution | 25 September 2026 |
| Contract Date | 1 October 2026 (scheduled) |
| Execution Date / Effective Date | 31 December 2026 (scheduled) |
Items this document does not state (18)
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.To combine PDI’s design and manufacturing technologies for molds, jigs and other tooling with the Company’s resin-processing technologies and sales network, thereby strengthening product development and customer support capabilities, improving cost competitiveness and reinforcing the overseas production structure.