Kyudenko Corporation (TSE:1959) agreed to acquire additional 10.2% stake in Central General Development Co., Ltd. (TSE:3238) on February 26, 2024. Under the terms, Kyudenko plans to acquire 0.98 million shares and to hold the shares for an extended period of time. Depending on circumstances, Kyudenko may opt not to acquire some or all of the shares. The transaction was resolved by the Board of Directors of Kyudenko Corporation. The transaction is expected to complete on February 26, 2024.

Kyudenko Corporation (TSE:1959) completed the acquisition of an additional 10.2% stake in Central General Development Co., Ltd. (TSE:3238) on February 26, 2024.