Completion of Payment for New Shares Issued through a Third-Party Allotment and Partial Forfeiture, Completion of Payment for the Issuance of the 2nd Stock Acquisition Rights, and Cancellation of the Planned Change in Major Shareholders
株式会社エム・エイチ・グループ and the 7 prospective allottees in the third-party allotment, including Shiny Trade Development Limited (懋輝発展有限公司)
Shiny Trade Development Limited was unable to complete its internal coordination regarding the nomination and appointment of director candidates, one of the prerequisites for making the investment, and no final agreement was reached in discussions, including on its request to change the candidates.
The funding plan is being reviewed in connection with the forfeiture. If the funding plan is reviewed again, the Company will disclose the matter promptly. At present, no new financing is planned to cover the approximately ¥500 million shortfall in the amount to be raised.
| Item | Details |
|---|---|
| Event name | Completion of Payment for New Shares Issued through a Third-Party Allotment and Partial Forfeiture, Completion of Payment for the Issuance of the 2nd Stock Acquisition Rights, and Cancellation of the Planned Change in Major Shareholders |
| Date of occurrence | 24 July 2026 (partial forfeiture and completion of payment confirmed on the final day of the payment period) |
| Date recognized / date notice received | 17 July 2026 (the date on which Reiko Akamine (朱峰玲子) received notice from Wang Zheng (王征) that the investment would be withdrawn), and 24 July 2026 (completion of payment and the full forfeiture of Shiny Trade Development Limited's allocation confirmed) |
| Subject Entity | 株式会社エム・エイチ・グループ and the 7 prospective allottees in the third-party allotment, including Shiny Trade Development Limited (懋輝発展有限公司) |
| Cause | Shiny Trade Development Limited was unable to complete its internal coordination regarding the nomination and appointment of director candidates, one of the prerequisites for making the investment, and no final agreement was reached in discussions, including on its request to change the candidates. |
| Outlook | The funding plan is being reviewed in connection with the forfeiture. If the funding plan is reviewed again, the Company will disclose the matter promptly. At present, no new financing is planned to cover the approximately ¥500 million shortfall in the amount to be raised. |
| Planned follow-up disclosure | If the funding plan is reviewed again, the Company will disclose the matter promptly. |
Items this document does not state (18)
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.Shiny Trade Development Limited withdrew from the investment because it was unable to complete its internal coordination regarding the nomination and appointment of director candidates, which was a prerequisite for making the investment, and no final agreement was reached, including on its request to change the candidates.