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Price Increase Notice

Updated: Sep 26, 2022



IMPORTANT NOTICE: ANNOUNCEMENT OF PRICE INCREASE

Date: 22nd September, 2022 Dear friends, Greetings from all of us at Kinki Studio (Singapore)! Due to the impact of the COVID-19 pandemic, geopolitical unrest, surging energy prices and the global economy outlook, the cost such as raw materials, electronics, components, and shipping has increased tremendously. Over the past few months, we have been doing our level best to avoid raising the prices. Please be rest assured that we are with you on this. However, the situation has continued, there is no sign of slowing down. Unfortunately, we will have no choice but to adjust our pricing to reflect the increased cost. It is unprecedented. The price adjustment suppose to take effect from 5 September 2022 or even earlier. However, we try our level best to hold this off as long as we could. We want to consider all things - the current situation, the potential easing of components shortage, etc- and react with an appropriate price increase only in Q422 to the market.


The new pricing will take effect on 1st October 2022, 00:00hr Singapore Time.


New Pricing

Description

Current Price (USD)

New Price (USD)

THR-1

$ 1198

$ 1298

EX-M1

$ 2398

$ 2498

EX-M1+

$ 2898

$ 2998

EX-P7

$ 1998

$ 2098

EX-P27

$ 2898

$ 2998

EX-M7

$ 2598

$ 2798

EX-B7

$ 3498

$ 3698

Any order placed before 1st October 2022, 00:00hr, will be honored at the lower prices. We highly encourage you to place an order today. The increase helps us ensure our commitment to providing the very best products and services for our customers. As always, we appreciate your business and continued support.



Many thanks.


Ken Ng

General Manager


Kinki Studio Pte. Ltd. (Singapore)

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