StockWatch
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Other Electrical Equipment
Subsidiary23 Sept 2026, 06:10 pm

Premier Energies Incorporates Wholly Owned Subsidiary in Singapore

AI Summary

Premier Energies Limited has announced the incorporation of its wholly owned subsidiary, PE Horizon Pte. Ltd., in Singapore on September 23, 2026. The subsidiary will engage in trading, management consulting, and ancillary activities within the clean energy industry, including related capital goods. The incorporation was approved by Singapore's Accounting and Corporate Regulatory Authority (ACRA). Premier Energies holds 100% of the initial share capital, which amounts to 10,000 Ordinary Shares of SGD 1 each, subscribed at SGD 1.00 per share.

Key Highlights

  • Premier Energies establishes a wholly owned subsidiary in Singapore.
  • The new entity is named PE Horizon Pte. Ltd.
  • It will focus on clean energy industry trading and consulting.
  • Premier Energies holds 100% ownership of the subsidiary.