GREE (JP:3632) has released an update.
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GREE, Inc. has announced its decision to reorganize into a holding company by forming a wholly owned subsidiary and transitioning its business through an absorption-type demerger, effective January 1, 2025. Concurrently, the company will change its name to GREE Holdings, Inc. and amend its Articles of Incorporation to reflect the new corporate structure and business objectives. These changes are subject to shareholder approval at the upcoming General Meeting and the finalization of the demerger agreement.
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