BH Global (SGX:BQN) incorporated an indirectly wholly owned subsidiary in Taiwan, named Infravision Technology Taiwan, according to a Monday filing with the Singapore Exchange.
The company has an issued and paid up share capital of NT$7 million and is wholly owned by Infravision Technology, a wholly owned subsidiary of BH Global.
The newly established subsidiary will take over certain assets and businesses of Omnisense Systems, a subsidiary that was placed under voluntary winding up in March.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.