Aslead Growth Impact Fund and Aslead Strategic Value Fund managed by Aslead Capital Pte. Ltd. offered to acquire remaining 83.2% stake in Fuji Kosan Company, Ltd. (TSE:5009) for ¥8.3 billion on April 27, 2021. Under the terms, Aslead will pay ¥1250 per share. Transaction is subject to minimum tender of Aslead getting 40% stake. Offer period will run from April 28, 2021 to June 14, 2021. As of May 17, 2021, Fuji Kosan Company, Ltd. are pleased to inform the Board of Directors of Fuji Kosan Company, Ltd. has, with the unanimous consent of all the directors, resolved to withhold the expression of opinions regarding the tender Offer at this time. Aslead plan to make Fuji Kosan to private by implementing a series of procedures to limit the shareholders of Fuji Kosan to Aslead. Mita Securities Co., Ltd. acted as tender offer agent and Monex, Inc. acted as sub-agent. Aslead Growth Impact Fund and Aslead Strategic Value Fund managed by Aslead Capital Pte. Ltd. cancelled the acquisition of remaining 83.2% stake in Fuji Kosan Company, Ltd. (TSE:5009) on May 28, 2021. As on May 28, board of Fuji Kosan rejected the offer and asked its shareholders not to accept it.