Aslead Growth Impact Fund and Aslead Strategic Value Fund, managed by Aslead Capital Pte. Ltd. offered to acquire remaining 83.2% stake in Fuji Kosan Company, Ltd. (TSE:5009) for ¥8.3 billion on April 27, 2021. Under the terms, Aslead will pay ¥1250 per share. Transaction is subject to minimum tender of Aslead getting 40% stake. As of May 17, 2021, Fuji Kosan Company, Ltd. are pleased to inform the Board of Directors of Fuji Kosan Company, Ltd. has, with the unanimous consent of all the Board of Directors, resolved to withhold the expression of opinions regarding the tender Offer at this time. Aslead plan to make Fuji Kosan to private by implementing a series of procedures to limit the shareholders of Fuji Kosan to Aslead. As on May 28, 2021, the Board of Directors of Fuji Kosan rejected the offer and asked its shareholders not to accept it. The offer period will run from April 28, 2021 to June 14, 2021. As of June 15, 2021, the offer will close on July 9, 2021. As of July 9, 2021, the offer will close on July 28, 2021. As of July 21, 2021, the offer will close on August 5, 2021. As of August 4, 2021, the offer will close on August 19, 2021. As on August 11, 2021, the offer will close on August 25, 2021. Settlement date is September 1, 2021. Mita Securities Co., Ltd. acted as tender offer agent and Monex, Inc. acted as sub-agent.