Jins Holdings establishes Philippine unit, eyes lower investment units
Jins Holdings Inc. has completed the establishment of its subsidiary, JINS Philippines Inc., in Taguig City, Philippines. This move aims to accelerate business expansion and deepen the company's involvement in store operations, which previously operated under a franchise agreement with Suyen Corporation since April 2018. The new subsidiary, capitalized at PHP 264 million, will focus on manufacturing and selling eyewear and lenses, with current store management and employees expected to transfer from Suyen Corporation.
In a separate announcement, Jins Holdings outlined its position on lowering investment units, recognizing it as an effective measure to enhance stock liquidity and broaden investor participation. The company's shares had an investment unit of PHP 500,000 or more as of August 31, 2025.
The company plans to carefully consider lowering investment units, taking into account stock market trends, shareholder composition, share price levels, and liquidity. Both announcements were made on October 9, 2025, with the subsidiary's establishment date noted as August 29, 2025.
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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