Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
1500
Thousand US dollarsWording
Conditional
How definitive the wording is.This transaction
This transfer (transfer of equity interest)CounterpartyTim Ho Wan Ventures Pte. Ltd.
Disclosing companyWDI Corporation
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Operation and management of Tim Ho Wan restaurants in the United States
Location West Covina, California, United StatesShare capital US$5,000 thousand
Net SalesNot disclosed based on an agreement with the transferee
Operating profitNot disclosed based on an agreement with the transferee
Net income for the current fiscal yearNot disclosed based on an agreement with the transferee
Net assetsNot disclosed based on an agreement with the transferee
Consideration and expenses
Acquisition priceUS$1,500 thousand
Impact on Business Performance
The impact on consolidated results for the fiscal year ending March 2027 and other related matters are currently under review. The Company will make a timely disclosure once matters requiring disclosure are identified.
| Item | Details |
|---|---|
| Transaction name | This transfer (transfer of equity interest) |
| Counterparty name | Tim Ho Wan Ventures Pte. Ltd. |
| Name of the Subject Company | Tim Ho Wan, Inc. |
| Business Description of the Subject Company | Operation and management of Tim Ho Wan restaurants in the United States |
| Location of the Subject Company | West Covina, California, United States |
| Capital Stock of the Subject Company | US$5,000 thousand |
| Net Sales of the Subject Company | Not disclosed based on an agreement with the transferee |
| Operating Profit of the Subject Company | Not disclosed based on an agreement with the transferee |
| Net Income of the Subject Company | Not disclosed based on an agreement with the transferee |
| Net Assets of the Subject Company | Not disclosed based on an agreement with the transferee |
| Acquisition price | US$1,500 thousand |
| Voting rights ownership percentage | Before 30％ → after －％ |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending March 2027 and other related matters are currently under review. The Company will make a timely disclosure once matters requiring disclosure are identified. |
| Date of board resolution | 18 August 2026 |
| Contract Date | 18 August 2026 |
| Execution Date / Effective Date | 1 October 2026 |
Items this document does not state (16)
Date of Establishment 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.To manage the Company Group’s resources more efficiently.
How to read this page
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