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Miroku Jyoho Service acquires Synergix Technologies, expands ERP footprint

September 19, 2025 at 09:00 AM UTCBy FilingReader AI

Miroku Jyoho Service announced on September 19, 2025, its decision to acquire 70% of the shares in Synergix Technologies Pte Ltd., a Singaporean cloud ERP company, making it a subsidiary. This strategic move aligns with Miroku's mid-to-long-term growth strategy and ambition for overseas expansion, particularly into the rapidly growing ASEAN market.

The acquisition involves purchasing 313,571 ordinary shares of Synergix Technologies for KSGD 23,660. The share transfer is expected to be completed by mid-October 2025. Synergix Technologies, established in 1990, specializes in cloud-based ERP solutions, offering license sales, consulting, training, and maintenance services, with a capital of KSGD 456.

This acquisition is projected to accelerate Miroku's global development, strengthening its ERP business in Singapore and facilitating expansion into the broader ASEAN region. Miroku also aims to foster new value creation through joint development leveraging the technological expertise of both companies and enhance global management capabilities through talent and technology exchange.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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