MELDIA Development & Construction CO., LTD. (TSE:1739) agreed to acquire Taisyo Construction Co., Ltd. from SCholdings Co., Ltd. on October 14, 2022. As a part of transaction, MELDIA Development & Construction CO., LTD. will acquire 800 shares of Taisyo Construction Co., Ltd. For the year ended April 30, 2022, Taisyo Construction reported net worth of Ã139 million, total assets of Ã494 million, sales of Ã572 million, operating income of Ã7.53 million and net loss of Ã2.9 million. The transaction is expected to complete on October 31, 2022.
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- MELDIA Development & Construction CO., LTD. agreed to acquire Taisyo Construction Co., Ltd. from SCholdings Co., Ltd.