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VLC Holdings Co Ltd to Lower Stake in Subsidiary


Monday, 26 Nov 2012 10:00pm EST 

VLC Holdings Co Ltd announced that it has decided to sell 320 shares of Atlas Consulting Co.,Ltd., which is a wholly owned subsidiary of the Company, for JPY 320, to an individual, who is the President of Atlas Consulting Co.,Ltd., effective November 30, 2012. After this, Atlas Consulting Co.,Ltd. will no longer be a subsidiary of the Company. The Company is expecting an extraordinary profit due to this development, while the amount is uncertain. The Company will disclose the amount of extraordinary profit once its confirmed. 

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24 Sep 2014