I-Net Corp.

9600

JP3105010007

IT Services & Consulting

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-04-26 am EDT			5-day change	1st Jan Change
2,011 ^JPY	+0.35%		-2.57%	+8.82%

Jan. 24	TA Associates Management, L.P. made an offer to acquire 97.12848% stake in Payroll Inc. from group of shareholders for ¥24 billion.	CI
2023	I-Net Corp. acquired 20% stake in Primal, Inc.	CI

TA Associates Management, L.P. made an offer to acquire 97.12848% stake in Payroll Inc. from group of shareholders for ¥24 billion.

January 23, 2024

TA Associates Management, L.P. made an offer to acquire 97.12848% stake in Payroll Inc. (TSE:4489) from group of shareholders for ¥24 billion on January 24, 2024. As part of tender offer,TA Associates Japan planned to purchase 17,409,601 shares for ¥1,380 per share. I-Net Corp.

decided to tender 279,100 shares. Payroll Inc board approved the deal. The transaction is subject to Payroll shareholders.

Tender offer starts on January 25, 2024 and ends on March 11, 2024. Nishimura & Asahi acted as legal advisor and PwC Advisory LLC acted as financial advisor to Payroll Inc. Nagashima Ohno & Tsunematsu acted as legal advisor and Nomura Securities Co., Ltd. acted as financial advisor to TA Associates Management, L.P. Nomura Securities Co., Ltd. acted as tender offer agent.

Latest news about I-Net Corp.

TA Associates Management, L.P. made an offer to acquire 97.12848% stake in Payroll Inc. from group of shareholders for ¥24 billion.	Jan. 23	CI
I-Net Corp. acquired 20% stake in Primal, Inc.	Nov. 16	CI
I-Net Corp. Reports Earnings Results for the Full Year Ended March 31, 2023	23-05-09	CI
I-Net Corp. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023	22-05-16	CI
I-Net Corp. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2025	22-05-16	CI
AVILEN Co., Ltd. announced that it has received funding from I-Net Corp.	22-03-28	CI
I-Net Corp. Announces Commemorative Dividend for the Full Year of 2021	21-05-17	CI
I-Net Corp. Reports Earnings Results for the Fiscal Year Ending March 31, 2021	21-05-17	CI
I-Net Corp. Provides Earnings Forecast for the Year 2021	21-05-17	CI
I-Net Corp. Announces Dividend Increase for the Year 2021 and Fiscal Year Ending March 31, 2022	21-05-17	CI
Astroscale Holdings Inc. announced that it has received ¥5.5 billion in funding from I-Net Corp., aStart Co., Ltd., SPARX Innovation for Future Co., Ltd., Hulic Co., Ltd., Shimizu Corporation	20-10-12	CI
I-Net Corp.(TSE:9600) added to S&P Global BMI Index	20-09-21	CI
Tranche Update on I-Net Corp.'s Equity Buyback Plan announced on August 21, 2020.	20-08-23	CI
I-Net Corp.'s Equity Buyback announced on August 21, 2020 has expired with 70,900 shares for ¥105.14 million.	20-08-23	CI
I-Net Corp. announces an Equity Buyback for 80,000 shares, representing 0.5% for ¥118.64 million.	20-08-21	CI
I-Net Corp. authorizes a Buyback Plan.	20-08-20	CI
Astroscale Holdings Inc. announced that it has received funding from I-Net Corp.	20-05-17	CI
I-Net Corporation Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Full Year 2020	19-07-30	CI
I-Net Corp. completed the acquisition of Software Control Corporation from a group of sellers.	18-10-30	CI
I-Net Corp. signed a contract to acquire Software Control Corporation from a group of sellers.	18-09-20	CI
I-Net Corporation Announces Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2019; Announces Dividend for the Year Ended March 31, 2018, Payable on June 25, 2018; Provides Dividend Guidance for the End of Second Quarter and Year End of Fiscal Year Ending March 31, 2019	18-05-06	CI
I-Net Corp. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018	18-01-30	CI
I-Net Corp. Reports Consolidated Earnings Results for the First Six Months Ended September 30, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 2018	17-10-30	CI
I-Net Corp.(TSE:9600) dropped from S&P Global BMI Index	17-09-18	CI
I-Net Corporation Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Dividend Guidance for the Full Year of Fiscal 2018; Provides Earnings Guidance for the First Half and Full Year of 2018	17-07-30	CI

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Company Profile

I-NET CORP. is a Japan-based company mainly engaged in the provision of information technology processing services, system development services, the sale of system equipment. Information processing services include accounting and information processing contracts, credit data management, and delivery service to card companies; printing, processing and distribution of invoice, promotional direct mail; information technology managed services and cloud services, data entry, and business card printing. System development services include development and sale of core business software for finance, distribution, manufacturing, and government offices, embedded software, measurement and control software and package software; dispatch of staff, management consulting, the design, development, installation, operation and maintenance of information system. System equipment sales purchases and sells personal computers, point-of-sale, supplies, and package software, and provides operation guidance.

Sector

IT Services & Consulting

Calendar

2024-05-08 - Q4 2023 Earnings Release

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Computer Programming

I-Net Corp.

Equities

9600

JP3105010007

IT Services & Consulting

TA Associates Management, L.P. made an offer to acquire 97.12848% stake in Payroll Inc. from group of shareholders for ¥24 billion.

Latest news about I-Net Corp.

Chart I-Net Corp.

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Sector Computer Programming