TAIPEI (Taiwan News) — The Ministry of Economic Affairs approved seven major investment cases on Tuesday, including NT$27 billion (US$859.16 million) from Google.

The Investment Commission greenlit three foreign investments during its 30th meeting, per CNA. Google led with two cases through its Singapore subsidiaries.

Google’s Fructan Holdings Singapore Pte. Ltd. injected NT$25.3 billion into a Taiwan advisory firm for data processing and electronic services. Separately, Connectds Singapore Pte. Ltd. added NT$1.7 billion to Google Taiwan Supply Chain Ltd. for semiconductor inventory procurement.

This follows Google’s NT$7 billion investment in March into Google Engineering UK Holdings Ltd, per Liberty Times.

KKCompany Technologies Inc., based in the Cayman Islands, secured approval to buy 88.72% of PressPlay Inc. shares for NT$1.77 billion. PressPlay runs online learning platforms and manages new media creators.

Four outward investments were also approved. Compal Electronics put NT$2.67 billion into AC Advanced Tech in the British Virgin Islands for investment advisory and fund management.

Cathay Life Insurance converted NT$12.1 billion in debt to capital for its Jersey entity Cathay Walbrook Holding 1 Limited. The unit handles real estate investments.

Walsin Lihwa invested NT$2.58 billion in its Luxembourg arm Walsin Lihwa Europe S.A R.L as a European management hub. Nanya Technology allocated NT$12.57 trillion to its British Virgin Islands unit for US dollar deposits to cut forex hedging costs.