Environment Friendly Holdings Corp. (3777) · RiskMitigated
Unpaid Consideration and Default Related to the Shanghai Rongqin Healthcare Investment
First written in FY2019-Q2. 1 of 2 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2019.
2entries
2years
0from disclosures
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Same theme, other companies
Default Due to Non-Payment of Acquisition ConsiderationA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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- FY2019MitigatedAnnual report
「この470百万円の支払含め姜敏氏に対し合計605百万円の支払を行い、当連結会計年度末における姜敏氏への上海蓉勤社出資金譲受代金の残債は１百万円となっております。」
上海蓉勤健康管理有限公司の出資金支払について合計605,184千円を支払い、年度末の姜敏氏への残債は1百万円となった。 - FY2019-Q2MaterialisedAnnual report
「A material default occurred because the Company was unable to make the payment for the acquisition consideration for this investment by the agreed deadline of the end of June 2019.」
After acquiring a 50.9% interest in 上海蓉勤健康管理有限公司, the Company was unable to make the agreed payment by the end of June 2019, resulting in a material default.