Expansion of the Hong Kong and Asian businesses through the acquisition of JHCHL
First written in FY2017. 1 of 4 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2018.
The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「On 31 January 2018, we acquired 10,000 issued shares of JOINTED-HEART CATERING HOLDINGS LIMITED, which operates a food-service business in Hong Kong, representing 100.0% of its total issued shares, through our subsidiary 東利多控股有限公司.」
The annual report reconfirms completion of the acquisition of all shares in JHCHL and positions "TamJai Yunnan Mixian" as a foundation for expansion in the Hong Kong and Chinese markets. - FY2018-Q3AchievedAnnual report
「On the same date, we entered into a share transfer agreement as set out below and completed the acquisition of the shares on 31 January 2018.」
The company completed the acquisition of shares in JHCHL under the share transfer agreement on 31 January 2018. The acquisition price was HKD 1,000 million, resulting in a 100.00% ownership interest after the acquisition. - FY2018-Q1AdvancedAnnual report
「On the same date, we entered into a share transfer agreement as set out below. / Funds raised under the overdraft agreement are scheduled to be refinanced with medium- to long-term funding in the future.」
For the acquisition of shares in JHCHL, the company entered into a share transfer agreement and an overdraft agreement with a committed facility of ¥1.8 billion to fund the acquisition. The acquisition was scheduled for February 2018, at an acquisition price of HKD 1,000 million, resulting in a 100.00% ownership interest after the acquisition. - FY2017First statedAnnual report
「We decided to acquire shares in JHCHL, having determined that making JHCHL a subsidiary would generate synergies and enable business expansion in the Chinese market, including Hong Kong. / Scheduled timing of share acquisition February 2018 / Acquisition price HKD 1,000 million」
The company disclosed the planned acquisition of all shares in JHCHL, which operates the Hong Kong spicy noodle chain "TamJai Yunnan Mixian," in February 2018, at an acquisition price of HKD 1,000 million, resulting in a 100.00% ownership interest after the acquisition.