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OKURA HOLDINGS(01655):王蔵日本与K’s Property就以吸收合并形式进行的内部重组签立协议

OKURA HOLDINGS (01655): Ohzang Japan and K's Property sign an agreement on internal restructuring in the form of absorption and merger

Zhitong Finance ·  Apr 26 00:13

Zhitong Finance App News, OKURA HOLDINGS (01655) issued an announcement. On the date of this announcement, Okura Co., Ltd. (Okura Co., Ltd.) (a company incorporated under Japanese law on April 3, 1984, “Ohzo Japan”) and K' Property Co., Ltd. (K's Property Co., Ltd.) (a company incorporated under Japanese law on March 30, 2001, “K' Property”) were the company's indirect and Direct wholly-owned subsidiary. In order to (i) merge the properties owned by K's Property into Wang Zang Japan and combine the profitability of Wang Zang Japan and K's Property to establish trust and reputation with financial institutions; and (ii) to streamline the Group's resources and operations to improve cost efficiency, Wang Zang Japan and K's Property signed an internal restructuring agreement in the form of absorption and merger on April 25, 2024. Based on this, K's Property merged with Wang Zang Japan, which took effect on June 21, 2024. After completing the merger on June 21, 2024, Wang Zang Japan will remain a wholly-owned subsidiary of the company, while K's Property will be absorbed and dissolved. As far as internal restructuring is concerned, all of K's Property's properties will be transferred to Ohashi Japan, but the land in Higashi-Nagasaki will be transferred by K's Property to Okura Nishinihon Co., Ltd. (Ozo Nishinihon Co., Ltd.) (Ozo Nishinihon Co., Ltd.) (a company incorporated under Japanese law on December 3, 2021, an indirect wholly-owned subsidiary of the company).

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