Samantha Thavasa Japan Limited cancelled the acquisition of L'est Co., Ltd. from Shigeru Fujimoto, Shizue Fujimoto, and Eriko Ito.
Kazumasa Terada, Masaaki Fujita, Takashi Sugawara, and Toru Ohyama from Samantha Thavasa Japan Limited will join as Directors of L'est Co., Ltd. The appointment of Directors is planned to be approved during the extraordinary meeting of shareholders of L'est Co., Ltd. on June 10, 2013. The Board of Directors of Samantha Thavasa made a resolution in favor of the transaction on June 4, 2013. The transaction is expected to close on June 10, 2013. Shigeru Inoue will join as Auditor of L'est Co., Ltd. The advisory fee is ¥8 million.
Samantha Thavasa Japan Limited (TSE:7829) cancelled the acquisition of L'est Co., Ltd. from Shigeru Fujimoto, Shizue Fujimoto, and Eriko Ito on June 4, 2014.