Persol Holdings resolved to transfer all shares of its consolidated subsidiary Persol Australia Holdings to Service Stream Holdings and signed a share transfer agreement dated the same day. The gain on the transfer is expected to be recorded in the fourth quarter of the fiscal year ending March 2027.
Persol Holdings resolved to transfer the issued shares of Programmed Maintenance Services Limited, owned by Persol Australia Holdings Pty Ltd, to Service Stream Holdings Pty Ltd, a wholly owned subsidiary of Service Stream Limited.
The purchaser is Service Stream Holdings Pty Ltd, headquartered in Australia, and the transfer agreement was signed on the same date.
The gain on the sale of the subsidiary's shares is reportedly expected to be recorded in the fourth quarter of the fiscal year ending March 2027.