Riverfield Co., Ltd. acquired an additional 18.03% stake in TKP Corporation from Takateru Kawano.
July 13, 2022
Share
Riverfield Co., Ltd. agreed to acquire an additional 18.03% stake in TKP Corporation (TSE:3479) from Takateru Kawano on July 13, 2022. As part of the transaction, Riverfield will acquire additional 7.52 million shares. Post completion, Riverfield will hold 50.73% stake and Takateru Kawano will own 4.32% stake in TKP Corporation.
Riverfield Co., Ltd. completed the acquisition of an additional 18.03% stake in TKP Corporation (TSE:3479) from Takateru Kawano on July 14, 2022.
TKP Corporation is a Japan-based company mainly engaged in space regeneration distribution business by utilizing idle real estate. It is mainly engaged in meeting rooms and banquet halls leasing services. It manages rental conference rooms through TKP Rental Conference Room Net which is a tool to attract customers. Meeting rooms are used for conferences, seminars and lectures, training, examinations, social gatherings, exhibitions. Rooms are mainly located in metropolitan areas such as Tokyo, Sapporo, Fukuoka, Nagoya, Kyoto, Osaka, Hiroshima, New York and New Jersey. It also provides related services such as drinks and catering, rental options, lodging, event production and management support. Optional services rent meeting equipment. Accommodation service operates new style business hotels with meeting room facilities. It also provides building management services, telemarketing services, medical association operation consulting services and event production services.