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M&A and Subsidiary Changes4971MEC COMPANY LTD.Materials and Chemicals

Notice Concerning the Dissolution and Liquidation of an Overseas Consolidated Subsidiary

メックは、100%出資する香港の連結子会社を解散・清算することを決議しました。現地法令上の手続きが完了次第、清算結了となる予定です。

Worth reading
37Immaterial
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Direction
Improvement
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Scale
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Wording
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This transaction

当該子会社の解散及び清算
Disclosing companyMEC COMPANY LTD.
MEC(HONG KONG)LTD.Subject of this transactionVoting rights ownership percentage Before 100% (after not disclosed)
Date of board resolution22 October 2024
Execution Date / Effective Date今後、現地の法令に従い必要な手続きが完了次第、清算結了となる予定です。
Target company

Sale of chemicals for printed circuit boards

Location Hong Kong Special Administrative Region of the People's Republic of ChinaShare capital HK$4.5 millionDate of incorporation March 1996
Net Sales1,120 千 HK ドル(2023 年 12 月期)
Operating profit△1,355 千 HK ドル(2023 年 12 月期)
Net income for the current fiscal year8,552 千 HK ドル(2023 年 12 月期)
Net assets17,865 千 HK ドル(2023 年 12 月期)
Impact on Business Performance

当連結子会社の解散及び清算に伴う業績への影響は精査中であります。今後開示すべき事項が生じた際は、速やかに開示いたします。

Procedures and assumptions
Conditions Precedent to Execution現地の法令に従い必要な手続きが完了すること
This transaction
ItemDetails
Transaction name当該子会社の解散及び清算
Name of the Subject CompanyMEC(HONG KONG)LTD.
Business Description of the Subject CompanySale of chemicals for printed circuit boards
Location of the Subject CompanyHong Kong Special Administrative Region of the People's Republic of China
Capital Stock of the Subject CompanyHK$4.5 million
Date of Establishment of the Subject CompanyMarch 1996
Net Sales of the Subject Company1,120 千 HK ドル(2023 年 12 月期)
Operating Profit of the Subject Company△1,355 千 HK ドル(2023 年 12 月期)
Net Income of the Subject Company8,552 千 HK ドル(2023 年 12 月期)
Net Assets of the Subject Company17,865 千 HK ドル(2023 年 12 月期)
Voting rights ownership percentageBefore 100% (after not disclosed)
Impact on Business Performance当連結子会社の解散及び清算に伴う業績への影響は精査中であります。今後開示すべき事項が生じた際は、速やかに開示いたします。
Date of board resolution22 October 2024
Execution Date / Effective Date今後、現地の法令に従い必要な手続きが完了次第、清算結了となる予定です。
Conditions Precedent to Execution現地の法令に従い必要な手続きが完了すること
Items this document does not state (17)
Counterparty nameAcquisition priceExpenses 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)Contract DateValuation methodologyIndependent valuation institutionSpecial CommitteeManagement 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.

メック香港は中国向け販売拠点として設立されましたが、販売活動の縮小が続いており、当社グループ全体として事業の合理性および経営効率を勘案した結果、解散・清算を決定したとしています。

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 Dissolution and Liquidation of an Overseas Consolidated Subsidiary | MEC COMPANY LTD. (4971) timely disclosure | Komori