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Other Disclosures8783abc Co.,Ltd.Financials (excluding banks)

(Progress Disclosure) Notice Regarding the Establishment of the Legal Framework for the “Global RWA Project” and the Commencement of Preparations for Its Operating Structure

For the project to tokenize real-world assets (RWA), the Company obtained a legal opinion from a law firm in the Cayman Islands and established a legally compliant business scheme. Going forward, it will proceed with establishing a new company to serve as the token issuer and finalizing the white paper.

Worth reading
46Recurring
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Direction
Neutral
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Avoiding a definitive answer
How definitive the wording is.

Announced details

RWA TokenWOWOO Asset Verification Engine(WAVE)abc RWA
Applicable field (uses covered by this announcement)
On-chain implementation of real-world assets (RWA)TokenizationAsset verification and managementIntegration with decentralized finance (DeFi)
Relationship between the counterparty and the company
abc Co.,Ltd.8783
Relationship with the Company

The Company provides technical support for the RWA project promoted by Wowoo.

CounterpartyWowoo Pte. Ltd.
Location (as indicated in this announcement)

Cayman Islands

Impact on Business Performance

The impact of this matter on the Company's consolidated results is immaterial.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredRWA Token, WOWOO Asset Verification Engine(WAVE), abc RWA
CounterpartyWowoo Pte. Ltd.
Relationship with the CompanyThe Company provides technical support for the RWA project promoted by Wowoo.
Applicable areaOn-chain implementation of real-world assets (RWA), Tokenization, Asset verification and management, Integration with decentralized finance (DeFi)
LocationCayman Islands
Impact on Business PerformanceThe impact of this matter on the Company's consolidated results is immaterial.
Items this document does not state (12)
Counterparty overviewContract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocation scaleQuantitative EffectsUsage historySource

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 build a scheme that complies with the global regulatory environment, while giving top priority to putting the legal framework in place.

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.
(Progress Disclosure) Notice Regarding the Establishment of the Legal Framework for the “Global RWA Project” and the Commencement of Preparations for Its Operating Structure | abc Co.,Ltd. (8783) timely disclosure | Komori