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Fintech Global Incorporated to Sell Shares in Subsidiary to Tenderness Asset Management Co., Ltd.

Friday, 15 Mar 2013 02:30am EDT 

Fintech Global Incorporated announced that it will sell 14,280 shares in a wholly owned subsidiary FGI Capital Partners, Inc., which is engaged in financial commodity trading, hedge fund and venture capital business in Tokyo, at the price of JPY 42 million to Tenderness Asset Management Co., Ltd. on March 29, 2013. After the transaction, the Company will hold 6,120 shares (a 30% stake) in FGI Capital Partners, down from 20,400 shares (a 100% stake). 

Company Quote

-7.0 -3.61%
19 Dec 2014