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Mie Kotsu Group Holdings Inc to Fully Acquire Subsidiary through Stock Swap


Wednesday, 30 Jan 2013 02:15am EST 

Mie Kotsu Group Holdings Inc announced that it has decided to fully acquire a 60%-owned subsidiary, SANCO CREATIVE, through stock swap, effective March 1, 2013. In the stock swap, one share of SANCO CREATIVE's stock will be exchanged with 406 shares of the Company's stock. The Company will use 1,559,040 shares of its treasury stock in the stock exchange. After this, SANCO CREATIVE will become a wholly owned subsidiary of the Company. 

Company Quote

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18 Apr 2014