SiS Distribution (Thailand) will invest $800,000 in SIS Technologies Vietnam, taking an 80 percent stake and making the Vietnamese company a subsidiary of the Thai company.

In a filing to the Stock Exchange of Thailand dated November 4, SiS Distribution (Thailand) said its board approved the investment in principle on June 29.

After the capital increase, the registered capital of SIS Technologies Vietnam will rise from $200,000 to $1 million. Before the transaction, SIS Technologies Vietnam is 90 percent owned by Tran Hoai Phuong Chi and 10 percent by Nguyen Ngoc Bao Dung, two Vietnamese citizens.

After the move, SiS Distribution will hold 80 percent and Tran Hoai Phuong Chi will hold the remaining 20 percent. Nguyen Ngoc Bao Dung will exit.

SiS Distribution (Thailand) said the investment aims to expand its customer base and business opportunities overseas and to strengthen its international growth.

The transaction is expected to close by December 30, 2026, subject to procedures. Three SiS Distribution directors, Somchai Sitthichaisrichat, Lim Kiah Meng, and Lim Hwee Hai, will join the Vietnamese company’s board.

SiS Technologies Vietnam is a member of SIS Group, a technology distribution group founded in 1983 that operates in Thailand, Hong Kong, Singapore, Malaysia, Indonesia, and Cambodia. It has become a Microsoft Cloud Solution Provider Tier-2 Distributor, according to an announcement on November 6.

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