Daito Construction (JP:1878) has released an update.
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Daito Trust Construction has announced a share exchange agreement to make Housecom Corporation its wholly owned subsidiary, effective February 1, 2025. This strategic move aligns with Daito’s medium-term management plan, focusing on expanding real estate development and strengthening its core business. The transaction is set to enhance Daito’s market position amid evolving industry regulations and increasing competition.
For further insights into JP:1878 stock, check out TipRanks’ Stock Analysis page.
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