Jesco Holdings, Inc. cancelled the acquisition to acquire 5% stake in Depot Saigon Co., Ltd.
October 21, 2019
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Jesco Holdings, Inc. (TSE:1434) signed a share transfer agreement to acquire 5% stake in Depot Saigon Co., Ltd. for VND 20 billion on October 22, 2018. As per the terms, Jesco Holdings will acquire 1 million shares at a price of VND 20,000 per share.
Jesco Holdings, Inc. (TSE:1434) cancelled the acquisition of to acquire 5% stake in Depot Saigon Co., Ltd. on October 22, 2019.
JESCO Holdings, Inc. is a Japan-based company engaged in the domestic engineering, procurement and construction (EPC)business, Association of Southeast Asian Nations (ASEAN) EPC business, and general media business. The Domestic EPC segment and ASEAN EPC segment are engaged in the design, procurement, construction management and maintenance for piping, wiring, equipment installation and other works of commercial facilities, mobile communication base stations and others, in Japan and ASEAN region, respectively. The General Media segment is engaged in the planning, design, content production, installation, operation and maintenance for installation planning of large-scale video equipment such as LED visions in Japan.