Newsletter summary
[Yoshioka Precision: the business scale of the proposed 76.5 million yuan acquisition of Dicco will be enhanced] Securities Times e Company News, Yoshioka Precision (836720) announced on the evening of May 14, the company and its wholly-owned subsidiary Yoshioka Precision (Virgin Islands) Co., Ltd. on May 12 and DAKOKOINTERNATIONALLIMITEEuropeanbaccarat...
Text of news flash
[Yoshioka Precision: the business scale of the proposed 76.5 million yuan acquisition of Dicco will be enhanced] Securities Times e Company News, Yoshioka Precision (836720) announced on the evening of May 14 that the company and its wholly-owned subsidiary Yoshioka Precision (Virgin Islands) Co., Ltd. signed an "equity transfer agreement" with DAKOKOINTERNATIONALLIMITED (Deco International for short) on May 12th. the company intends to buy the other party with 76.5 million yuan to hold 100% equity respectively.EuropeanbaccaratDike Precision parts (Pinghu) Co., Ltd., Dico Trading (Pinghu) Co., Ltd., DakokoEuropa GmbH 3 companies (referred to as "Dico"). After this transaction, Yoshioka precision business scale will be further enhanced, through the existing customer channel resources to expand the scope of the company's product sales market, enter the European market, the synergy effect is obvious.