Premier Energies Limited has successfully incorporated its wholly owned subsidiary in Singapore, named PE Horizon Pte. Ltd. This strategic move, approved by the Accounting and Corporate Regulatory Authority (ACRA), is a significant step in the company’s international expansion plans. The subsidiary will focus on activities within the clean energy industry, including trading and management consulting.
Premier Energies Establishes Singapore Subsidiary
Premier Energies Limited announced today the incorporation of its wholly owned subsidiary in Singapore. The new entity, named PE Horizon Pte. Ltd., was officially approved by the Accounting and Corporate Regulatory Authority (ACRA) on September 23, 2026. This marks a key milestone in Premier Energies’ global growth strategy.
Strategic Expansion in Clean Energy
PE Horizon Pte. Ltd. is poised to engage in a diverse range of business activities within the clean energy sector. Its operations will encompass trading, management consulting, and related ancillary activities, including dealing with capital goods. The incorporation is in line with the company’s vision to expand its footprint and services internationally, particularly in the burgeoning clean energy market.
Shareholding and Investment
Premier Energies Limited will hold 100% of the shareholding in the new subsidiary. PE Horizon Pte. Ltd. has been incorporated with an initial share capital of 10,000 Ordinary Shares of SGD 1 each. The subscription price for these shares was SGD 1.00 per share, totaling a nominal investment representing the full initial share capital. The consideration for this incorporation is cash.
Source: BSE
