MELDIA Development & Construction CO., LTD. completed the acquisition of Taisyo Construction Co., Ltd. from SCholdings Co., Ltd..
October 30, 2022
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MELDIA Development & Construction CO., LTD. (TSE:1739) agreed to acquire Taisyo Construction Co., Ltd. from SCholdings Co., Ltd. on October 14, 2022. As a part of transaction, MELDIA Development & Construction CO., LTD. will acquire 800 shares of Taisyo Construction Co., Ltd. For the year ended April 30, 2022, Taisyo Construction reported net worth of ¥139 million, total assets of ¥494 million, sales of ¥572 million, operating income of ¥7.53 million and net loss of ¥2.9 million. The transaction is expected to complete on October 31, 2022.
MELDIA Development & Construction CO., LTD. (TSE:1739) completed the acquisition of Taisyo Construction Co., Ltd. from SCholdings Co., Ltd. on October 31, 2022.
Meldia Development & Construction Co Ltd, formerly SeedHeiwa Co Ltd, is a Japan-based company principally engaged in the construction business. The Company operates in four segments. The General Construction segment is engaged in the construction of apartments, commercial facilities, stores and others, and the planning and sales of apartments. The Real Estate segment is engaged in the purchase and sale of real estate, and an intermediary business for buying and selling real estate. The Real Estate Leasing Management segment is engaged in the construction management service for owned properties such as owned real estate. The Detached House segment is engaged in sales of detached houses.