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    8572   JP3108600002

ACOM CO., LTD.

(8572)
  Report
Delayed Quote. Delayed Japan Exchange - 01/21 01:00:00 am
319 JPY   -0.93%
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Notification of the Subsidiary in Malaysia

11/09/2021 | 01:43am EST

November 9, 2021

Notification of the Subsidiary in Malaysia

ACOM is proud to announce that "ACOM (M) SDN. BHD.," the subsidiary established in Malaysia, decided to apply for the moneylender license as follows:

  1. Overview of License Application
    1. Purpose of Application
      Considering the possibility of business in Malaysia, the subsidiary will apply for the moneylender license.
    2. Application Destination
      Kementerian Perumahan dan Kerajaan Tempatan (KPKT)
    3. Application Schedule Late November 2021
    4. Other
      To apply for the moneylender license, ACOM will increase the capital of the subsidiary to 2 million RM.
  2. Overview of the Subsidiary after Capital Increase

(1)

Company Name

ACOM (M) SDN.BHD.

(2)

Head Office

Malaysia

(3)

Date of Incorporation

July 23, 2021

(4)

Capital Stock

2 million RM (approx. 53.5 million yen)

(5)

Business Outline

Money lending service and other related business

(6)

Composition of Shareholders

100 by ACOM

  1. Road Map/Future Plan
    The subsidiary will proceed with preparations for starting business after acquisition of the moneylender license.
  2. Impact on Business Performance
    Only a negligible impact is expected to the business results for the fiscal year ending March 2022.

ACOM CO., LTD.

Meiji Yasuda Seimei Bldg., 1-1, Marunouchi 2-chome,Chiyoda-ku, Tokyo, Japan

Disclaimer

Acom Co. Ltd. published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 06:42:15 UTC.


ę Publicnow 2021
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Sales 2022 262 B 2 302 M 2 302 M
Net income 2022 59 419 M 522 M 522 M
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Capitalization 500 B 4 392 M 4 394 M
EV / Sales 2022 4,05x
EV / Sales 2023 3,86x
Nbr of Employees 5 424
Free-Float -
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Last Close Price 319,00 JPY
Average target price 426,25 JPY
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Masataka Kinoshita Executive President & Representative Director
Tomoo Shikanoya Manager-Public Relations, Head-Finance I & II
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