Asia Gate Holdings Co., Ltd. completed the acquisition of real estate consulting business and real estate brokerage business and NS Insurance Inc. from NS Asset Management Inc. and NS Real Estate Inc.
July 30, 2020
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Asia Gate Holdings Co., Ltd. (JASDAQ:1783) signed a basic agreement to acquire real estate consulting business and real estate brokerage business and NS Insurance Inc. from NS Asset Management Inc. and NS Real Estate Inc. on April 10, 2020. As of July 3, 2020, a business transfer agreement has been executed. Under the acquisition, Asia Gate Holdings Co., Ltd. will acquire real estate brokerage business from NS Real Estate, real estate consulting business and NS Insurance Inc. from NS Asset Management Inc. Post the acquisition, Asia Gate Holdings Co., Ltd. will establish AGNS Asset Management Co., Ltd. as a wholly owned subsidiary. The transfer price and settlement method will be determined by Asia Gate Holdings Co., Ltd. after conducting due diligence and concluding the business transfer agreement. The transaction is expected to close on May 31, 2020. As of May 15, 2020, the transaction is expected to close by mid-June 2020. As of May 29, 2020, the specific date for executing the transfer has not been determined. As of July 3, 2020, the transaction is expected to be completed by mid-July 2020.
Asia Gate Holdings Co., Ltd. (JASDAQ:1783) completed the acquisition of real estate consulting business and real estate brokerage business and NS Insurance Inc. from NS Asset Management Inc. and NS Real Estate Inc. in July 2020.
Fantasista Co Ltd, formerly Asia Gate Holdings Co Ltd, is a Japan-based company mainly engaged in real estate-related businesses such as real estate buying and selling and real estate consulting. The Company operates in three business segments. The Real Estate segment is engaged in real estate buying and selling, rights adjustment related to real estate buying and selling, utilization of self-owned real estate, and investment in properties with potential for income. The Real Estate Consulting segment is engaged in the provision professional support and useful information for real estate investors. The Healthcare segment distributes and sells products containing 5-aminolevulinic acid (5-ALA).
Asia Gate Holdings Co., Ltd. completed the acquisition of real estate consulting business and real estate brokerage business and NS Insurance Inc. from NS Asset Management Inc. and NS Real Estate Inc.