Vt Holdings Co.,Ltd. acquired Caterham Cars Group Limited from Anthony Francis Fernandes and Kamarudin Bin Meranun.
April 31, 2021
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Vt Holdings Co.,Ltd. (TSE:7593) acquired Caterham Cars Group Limited from Anthony Francis Fernandes and Kamarudin Bin Meranun on April 1, 2021. Under the terms of transaction, VT Holdings will purchase 27.704 million of shares and 3.25 million Redeemable preferred stock. VT Holdings is proud to welcome Caterham to the group. As of December 31, 2020, Caterham Cars Group Limited reported total assets of £6.006 million, and net assets of £5.945 million.
Vt Holdings Co.,Ltd. (TSE:7593) completed the acquisition of Caterham Cars Group Limited from Anthony Francis Fernandes and Kamarudin Bin Meranun on April 1, 2021. Paul Ng of Milbank acted as legal advisor to Anthony Francis Fernandes and Kamarudin Bin Meranun.
VT Holdings Co Ltd is a Japan-based company mainly engaged in the car sales related business mainly consisting of dealership business, car rental business and car export business. The Company operates through two business segments. The Automobile Sales Related segment is involved in the car sales related business including new car dealership business, which sells new and used cars and repairs automobiles, the import car importer business, used car export business, car rental business and others. The Housing Related segment is involved in the condominium sales, single-family home sales, construction contracts and others. The Company is also involved in the group-wide management business.