Komori
M&A and Subsidiary Changes7970Shin-Etsu Polymer Co.,Ltd.Materials and Chemicals

Notice Regarding the Acquisition of Shares in PRESTIGE DYNAMICS INDUSTRIES Sdn.Bhd. by Our Consolidated Subsidiary (Making It a Sub-Subsidiary)

A Singapore-incorporated consolidated subsidiary of the Company is scheduled to acquire all shares of Malaysia-based PRESTIGE DYNAMICS INDUSTRIES Sdn.Bhd., making it a 100%-owned subsidiary of the Company’s group. The share transfer is scheduled to take place on 31 December 2026.

Worth reading
42Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Conditional
How definitive the wording is.

This transaction

Share acquisition (making the target a grand-subsidiary)
CounterpartyTan Ying Yi, Tan Ying Long, Chan Phuey Sam
Disclosing companyShin-Etsu Polymer Co.,Ltd.
PRESTIGE DYNAMICS INDUSTRIES Sdn.Bhd.Voting rights ownership percentageNumber of shares acquired 2,000,000 shares (number of voting rights: Not disclosed)

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.

TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Manufacture and sale of precision plastic products; manufacture and sale of molds, jigs and other tooling

Location Perai, Penang, MalaysiaShare capital MYR 2,000,000Date of incorporation 25 May 1990
Consideration and expenses
Acquisition priceNot disclosed due to confidentiality obligations under the share transfer agreement
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.

This transaction
ItemDetails
Transaction nameShare acquisition (making the target a grand-subsidiary)
Counterparty nameTan Ying Yi, Tan Ying Long, Chan Phuey Sam
Name of the Subject CompanyPRESTIGE DYNAMICS INDUSTRIES Sdn.Bhd.
Business Description of the Subject CompanyManufacture and sale of precision plastic products; manufacture and sale of molds, jigs and other tooling
Location of the Subject CompanyPerai, Penang, Malaysia
Capital Stock of the Subject CompanyMYR 2,000,000
Date of Establishment of the Subject Company25 May 1990
Acquisition priceNot disclosed due to confidentiality obligations under the share transfer agreement
Number of shares acquired2,000,000 shares (number of voting rights: Not disclosed)
Voting rights ownership percentageBefore -% → after 100%
Impact on Business PerformanceThe 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 resolution25 September 2026
Contract Date1 October 2026 (scheduled)
Execution Date / Effective Date31 December 2026 (scheduled)
Items this document does not state (18)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Acquisition of Shares in PRESTIGE DYNAMICS INDUSTRIES Sdn.Bhd. by Our Consolidated Subsidiary (Making It a Sub-Subsidiary) | Shin-Etsu Polymer Co.,Ltd. (7970) timely disclosure | Komori