Tokai Tokyo Securities’ absorption-type merger with Ace Securities and change in the Company’s parent company
First written in FY2022-Q2. 1 of 2 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2022-Q3.
0 other companies' latest entry also says "Advanced".
- FY2022-Q3AdvancedAnnual report
「Subsequently, エース証券 made an in-kind dividend of its shares in us to Tokai Tokyo Financial Holdings,Inc., effective 15 November 2021, leaving Tokai Tokyo Financial Holdings,Inc. as our sole parent company.」
The transfer of shares involving a change in our parent company was executed as of 15 November 2021, and Tokai Tokyo Financial Holdings,Inc. became our sole parent company. It states that the plan concerning the change in our parent company had advanced, rather than that the absorption-type merger itself had been completed. - FY2022-Q2First statedAnnual report
「東海東京証券, a wholly owned subsidiary of Tokai Tokyo Financial Holdings,Inc., our parent company, and エース証券, our parent company, major shareholder and largest shareholder among our major shareholders, resolved at meetings of the Board of Directors of 東海東京証券 held on 27 October and of Tokai Tokyo Financial Holdings,Inc. and エース証券 held on 29 October to conduct an absorption-type merger, with 東海東京証券 as the surviving company and 1 May 2022 as the merger date, and entered into an agreement for the merger. In connection with the agreement for this merger, it was resolved that, with 15 November 2021 as the effective date, エース証券 would make an in-kind dividend of its 43.6% interest in us to Tokai Tokyo Financial Holdings,Inc. As a result, changes in our parent company, major shareholder and largest shareholder among our major shareholders were expected.」
It states that an agreement for an absorption-type merger dated 1 May 2022 was entered into, with 東海東京証券 as the surviving company, and that, in connection with this merger, エース証券's 43.6% interest in us was planned to be transferred to Tokai Tokyo Financial Holdings,Inc. as of 15 November 2021.