Komori
Other Disclosures1905TENOX CORPORATIONConstruction and Materials

(Discontinuation of Previously Disclosed Matter) Notice of Cancellation of the Acquisition of a Concrete Pile Manufacturing Plant in Vietnam

The Board of Directors resolved to discontinue negotiations to acquire a concrete pile manufacturing plant in Vietnam. The acquisition itself will not proceed, but the policy of seeking to enter the business in Vietnam will be maintained.

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53Recurring
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Announced details

Concrete pile manufacturing business
Applicable field (uses covered by this announcement)

Concrete pile manufacturing business in Vietnam; an integrated foundation construction model based on Japanese quality standards

Contract DateNo purchase and sale agreement was signed. Date of basic agreement on the acquisition: 23 June 2025
Relationship between the counterparty and the company
TENOX CORPORATION1905
Relationship with the Company

Business relationship as the prospective seller and buyer in connection with the acquisition of a concrete pile manufacturing plant. The parties had been negotiating a purchase and sale agreement.

CounterpartySINO-PACIFIC CONSTRUCTION CONSULTANCY CO,LTD(SPCC)

Head office: Ho Chi Minh City, Socialist Republic of Vietnam. Seller. Other details: not disclosed

Location (as indicated in this announcement)

Concrete pile manufacturing plant in Vietnam. Specific location: not disclosed

Impact on Business Performance

The impact of this matter on the Company's consolidated results is expected to be minor

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredConcrete pile manufacturing business
CounterpartySINO-PACIFIC CONSTRUCTION CONSULTANCY CO,LTD(SPCC)
Counterparty overviewHead office: Ho Chi Minh City, Socialist Republic of Vietnam. Seller. Other details: not disclosed
Relationship with the CompanyBusiness relationship as the prospective seller and buyer in connection with the acquisition of a concrete pile manufacturing plant. The parties had been negotiating a purchase and sale agreement.
Contract DateNo purchase and sale agreement was signed. Date of basic agreement on the acquisition: 23 June 2025
Applicable areaConcrete pile manufacturing business in Vietnam; an integrated foundation construction model based on Japanese quality standards
LocationConcrete pile manufacturing plant in Vietnam. Specific location: not disclosed
Impact on Business PerformanceThe impact of this matter on the Company's consolidated results is expected to be minor
Items this document does not state (10)
Contract ValueOffering priceLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocation scaleQuantitative EffectsUsage historySource

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Although discussions had continued toward signing a purchase and sale agreement, issues that would be difficult to resolve in order to commercialize the business became apparent.

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(Discontinuation of Previously Disclosed Matter) Notice of Cancellation of the Acquisition of a Concrete Pile Manufacturing Plant in Vietnam | TENOX CORPORATION (1905) timely disclosure | Komori