Transfer of Equity Interests in TY Investors GK
First written in FY2016-Q2. 1 of 3 entries say "Softened", first in FY2016-Q3. Latest entry: FY2016.
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- FY2016AchievedAnnual report
「On 20 December 2016, the Company confirmed receipt of the remaining ¥600 million of the transfer consideration and completed the equity interest transfer procedures.」
For the transfer of all equity interests in TY Investors GK, receipt of the remaining ¥600 million was confirmed on 20 December 2016 and the procedures were completed. Total transfer consideration was ¥900 million. - FY2016-Q3SoftenedAnnual report
「The transfer had initially been scheduled for the end of August 2016. However, because filings with Chinese authorities and other procedures in China were taking longer than initially expected, the Company and 上海兆世信息科技有限公司 agreed to change the deadline to the end of December 2016.」
The scheduled transfer of all equity interests in TY Investors GK changed from the end of August 2016 to the end of December 2016. - FY2016-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 17 June 2016, the Company resolved to transfer all equity interests in its consolidated subsidiary, TY Investors GK, to 上海兆世信息科技有限公司 (the “Transfer”) and entered into an equity interest transfer agreement on the same date. / Transfer price: RMB60 million, approximately ¥960 million* / End of August 2016 (scheduled)」
The Company entered into an agreement to transfer 100% of the subsidiary’s equity interests, disclosing a transfer price of approximately ¥960 million and a scheduled transfer date at the end of August 2016.