CRAVIA changed the disclosed matters concerning its policy of seeking to make South Korean company Redstart ENM Inc. an equity-method affiliate through a capital and business alliance and the acquisition of shares, as well as its provision of a loan.
CRAVIA announced an update to the information concerning its capital and business alliance with South Korean company Redstart ENM Inc. under the heading “Changes to Disclosed Matters.”
As part of the alliance, CRAVIA plans to acquire shares of Redstart ENM Inc. and make the company an equity-method affiliate.
It also disclosed matters concerning the provision of a loan to the company.