Expansion across Peninsular Malaysia through the acquisition of shares in Merison(M) Sdn.Bhd.
First written in FY2020-Q1. 1 of 4 entries say "Softened", first in FY2020-Q2. Latest entry: FY2020.
0 other companies' latest entry also says "Achieved".
- FY2020AchievedAnnual report
「The company acquired shares in Merison (M) Sdn.Bhd., headquartered in Malaysia, on 6 October 2020. The acquired voting rights ratio was 90%.」
For Merison, whose acquisition had previously been indicated as potentially delayed, the share acquisition was completed on 6 October 2020, making it a subsidiary with a 90% voting rights ratio. - FY2020-Q3RestatedAnnual report
「In December 2019, the company entered into a share transfer agreement to acquire shares in Merison(M) Sdn.Bhd., which operates in central and southern Malaysia. However, the acquisition may be delayed beyond the original schedule due to the spread of the novel coronavirus.」
As in the previous quarter, the company indicated that the Merison share acquisition agreement had been signed and that the acquisition could be delayed due to the spread of the novel coronavirus. - FY2020-Q2SoftenedAnnual report
「In December 2019, the company entered into a share transfer agreement to acquire shares in Merison(M) Sdn.Bhd., which operates in central and southern Malaysia. However, the acquisition may be delayed beyond the original schedule due to the spread of the novel coronavirus.」
Although the share acquisition agreement for Merison had been signed, the spread of the novel coronavirus created the possibility that the acquisition would be delayed beyond the original schedule. - FY2020-Q1First statedAnnual report
「At a meeting of its board of directors held on 9 December 2019, the company resolved to enter into a share transfer agreement for Merison(M) Sdn.Bhd., headquartered in Malaysia, and entered into the agreement with the company's shareholders on 12 December 2019.」
For Merison, which operates in central and southern Malaysia, the company entered into a share transfer agreement on 12 December 2019. The ownership interest after the acquisition was expected to be 90%, but the acquisition was subject to procedures under applicable laws and regulations, and the acquisition date, purchase price and goodwill amount had not been determined.