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Iida Group Expands U.S. Presence with New Subsidiary

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Iida Group Expands U.S. Presence with New Subsidiary

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Iida Group Holdings Co ( (JP:3291) ) has shared an announcement.

Iida Group Holdings Co., Ltd. announced the establishment of a new subsidiary, Arnest One America, Inc., through its subsidiary ARNEST ONE CORPORATION, to invest in PMCO Holdings, LLC. This strategic move aims to capitalize on the growing housing demand in the Atlanta metropolitan area, positioning the company for expansion in the U.S. market and enhancing its overseas growth strategy.

More about Iida Group Holdings Co

Iida Group Holdings Co., Ltd. operates in the housing industry, focusing on detached house business, condominium sales, and contract construction. The company is expanding its market focus to the U.S., leveraging its subsidiary ARNEST ONE CORPORATION to establish a foothold in the American housing market.

YTD Price Performance: 1.23%

Technical Sentiment Signal: Strong Sell

Current Market Cap: $4.18B

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