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M&A and Subsidiary Changes2587Suntory Beverage & Food LimitedFood

Notice concerning the transfer of shares in a consolidated subsidiary

The company's consolidated subsidiary Greatwall Capital Pte. Ltd. will transfer all shares of PT SUNTORY GARUDA BEVERAGE, which operates a soft-drinks business in Indonesia, to PT Garudafood Putra Putri Jaya Tbk. Following the transfer, its shareholding in the company will be 0 shares.

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This transaction

Name of transaction
CounterpartyPT Garudafood Putra Putri Jaya Tbk
Disclosing companySuntory Beverage & Food Limited
PT SUNTORY GARUDA BEVERAGE.Subject of this transactionVoting rights ownership percentage Before 75.0%(Greatwall Capital Pte. Ltd.の持株比率) (after not disclosed)
TimelineThe spacing between the points is proportional to the actual number of days.
Target company

インドネシアにおける清涼飲料の製造・販売

Location South Quarter Building, Tower C, 3th Floor, Jl. Raden Ajeng Kartini Kav. 8, Cilandak Barat, Cilandak, Jakarta Selatan, DKI Jakarta(インドネシア)
Consideration and expenses
Acquisition priceNot disclosed(譲渡価額は、譲渡の相手先との守秘義務があることからNot disclosed)
Impact on Business Performance

本件譲渡に伴う当社連結業績に与える影響は軽微と見込まれる。今後開示すべき事項が発生した場合には速やかに知らせる。

This transaction
ItemDetails
Transaction nameName of transaction
Counterparty namePT Garudafood Putra Putri Jaya Tbk
Name of the Subject CompanyPT SUNTORY GARUDA BEVERAGE.
Business Description of the Subject Companyインドネシアにおける清涼飲料の製造・販売
Location of the Subject CompanySouth Quarter Building, Tower C, 3th Floor, Jl. Raden Ajeng Kartini Kav. 8, Cilandak Barat, Cilandak, Jakarta Selatan, DKI Jakarta(インドネシア)
Acquisition priceNot disclosed(譲渡価額は、譲渡の相手先との守秘義務があることからNot disclosed)
Voting rights ownership percentageBefore 75.0%(Greatwall Capital Pte. Ltd.の持株比率) (after not disclosed)
Impact on Business Performance本件譲渡に伴う当社連結業績に与える影響は軽微と見込まれる。今後開示すべき事項が発生した場合には速やかに知らせる。
Date of board resolution21 December 2023
Contract Date2023年12月28日
Execution Date / Effective Date2024年12月期上期中
Items this document does not state (21)
Capital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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.

当社は継続的に事業ポートフォリオを見直しており、あらゆる選択肢を検討した結果、現在の合弁会社パートナーであるGarudafood社との間で譲渡に合意した。譲渡後はインドネシアで健康食品事業の成長に注力する。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice concerning the transfer of shares in a consolidated subsidiary | Suntory Beverage & Food Limited (2587) timely disclosure | Komori