Gecoss Acquires JS Tan Consultants, Expands Overseas Presence

TOKYO, Jul 30 (Pulse News Wire) – GECOSS Corporation (9991.T) announced yesterday that it has decided to acquire shares of JS Tan Consultants Pte. Ltd., a construction consultancy firm based in Singapore, making it a wholly-owned subsidiary.

JS Tan Consultants operates primarily in structural design for building projects and holds important Professional Engineer qualifications in Singapore's construction sector. The acquisition aligns with GECOSS’s long-term strategy to expand overseas operations. With existing subsidiaries Fuchi Pte. Ltd. and Gecoss Vietnam Co., Ltd., there is potential synergy among the four companies. Key details of JS Tan Consultants include capital of SGD¥500 thousand, established in December 2012, and major shareholder Tan Jiok Saw holding 100%.

Recent financial highlights show revenues of SGD¥3.94 million and net profit of SGD¥775 thousand for the fiscal year ending December 2025. Under the agreement, GECOSS will purchase all outstanding shares of JS Tan Consultants for an enterprise value of SGD¥6.8 million, subject to adjustments based on cash balances and net interest-bearing liabilities at the time of transaction completion. Additionally, up to SGD¥1 million could be paid contingent upon achieving post-acquisition performance metrics. Scheduled milestones include signing the contract on July 29, 2026, and share issuance expected on August 31, 2026. GECOSS anticipates minimal impact on its consolidated earnings for the fiscal year ending March 2027. Further developments will be disclosed promptly if necessary.