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Niraku GC Holdings, Inc. ( (HK:1245) ) has issued an update.
Niraku GC Holdings, Inc. has announced the acquisition of pachinko halls from GAIA, an independent third party, through an absorption-type company split. This transaction, valued at approximately JPY520 million, will see the target business become wholly owned by Niraku and integrated into the company’s financial statements. The acquisition is classified as a discloseable transaction under Hong Kong’s listing rules, requiring reporting and announcement but exempt from circular and shareholder approval.
More about Niraku GC Holdings, Inc.
Niraku GC Holdings, Inc. is a company incorporated in Japan, primarily engaged in the operation of pachinko halls, which are popular entertainment venues in Japan. The company focuses on expanding its market presence within the pachinko industry.
Average Trading Volume: 429,750
Technical Sentiment Signal: Hold
Current Market Cap: HK$239.2M
Learn more about 1245 stock on TipRanks’ Stock Analysis page.