Sato Kensetsu Kogyo Co.,Ltd. cancelled the acquisition of 32.5% stake in Systec Engineering, K.K. from Yamaka Electric Construction Co.,Ltd..
May 17, 2018
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Sato Kensetsu Kogyo Co.,Ltd. signed a share transfer contract to acquire 32.5% stake in Systec Engineering, K.K. from Yamaka Electric Construction Co.,Ltd. (JASDAQ:1789) on May 18, 2017. Under the terms of the transaction, Sato Kensetsu will acquire 250 shares. After the completion of the transaction, Yamaka Electric will not hold any share in Systec Engineering. The transaction was resolved by the Board of Directors of Yamaka Electric Construction Co.,Ltd. on May 18, 2017.
Sato Kensetsu Kogyo Co.,Ltd. cancelled the acquisition of 32.5% stake in Systec Engineering, K.K. from Yamaka Electric Construction Co.,Ltd. (JASDAQ:1789) on May 18, 2018.
ETS Holdings Co., Ltd. engages in electrician business for transmission line construction, electrical facilities construction and information and communication construction, and the building management and cleaning business, condominium management, building facility maintenance and others. The electric work business involves in the power transmission works, including the measurement and design of aerial power line works, underground power line works, transformer station works and others, offers tools and equipment for power line construction works, engages in the extension line works, including the design and construction of electric, instrumentation, information and communications, and disasters and crime prevention facilities, as well as the mobile works such as the construction of information and communications facilities, among others. The Building Management and Cleaning segment provides building cleaning, manned and automatic security services, interior finish works design.