Shioi Kosan LLC agreed to acquire remaining 51.07716% stake in PLENUS Co., Ltd. (TSE:9945) from Tatsuo Shioi and Shioi Kosan LLC for ¥59.6 billion on October 14, 2022. Under the terms, 22,674,520 shares will be acquired for the consideration of ¥2,640 per share. Post acquisition, PLENUS shares will be delisted from stock exchange. Tender offer period is from October 17, 2022 to November 29, 2022. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. and au Kabucom Securities Co., Ltd. acted as a transfer agent to PLENUS.

Shioi Kosan LLC completed the acquisition of 41.766291% stake in PLENUS Co., Ltd. (TSE:9945) from Tatsuo Shioi and Shioi Kosan LLC for ¥48.9 billion on November 29, 2022.