Jih Sun Ta Chuen Unit to Invest Up to NT$400 Million in Energy Affiliate

Jih Sun Ta Chuen is consolidating its energy investments through subsidiary 日盛全台通, which plans to participate in a capital increase by 日盛全能源. The transaction is intended as a long-term investment and will bring the energy company fully under the group’s ownership. It is classified as a related-party transaction but does not involve any change to Jih Sun Ta Chuen’s operating model.

The board approved an investment of up to NT$400 million ($12.7 million) in the cash capital increase, according to the information provided. After completion, 日盛全台通 will hold a 22.86% stake in 日盛全能源, while the Jih Sun Ta Chuen group’s combined ownership will reach 100%. The disclosure did not specify the date of the board resolution.