Segue Group Co.,Ltd. agreed to acquire 48% stake in ISS Resolution, Ltd. from John Kenneth Clarke,Nuthid Chuenton,Busaba Chuenton.
August 24, 2022
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Segue Group Co.,Ltd. (TSE:3968) agreed to acquire 48% stake in ISS Resolution, Ltd. from John Kenneth Clarke,Nuthid Chuenton, Busaba Chuenton on August 25, 2022. For the year ending December 2021, ISS Resolution reported net assets of THB 58.7 million, Total assets of THB 78.54 million, Revenue of THB 73.33 million, and Net loss of THB 1.97 million. The acquisition is expected to close in December 2022.
Segue Group Co.,Ltd. is a Japan-based holding company mainly engaged in information technology (IT) solutions business. IT solution business is engaged in the provision of design, sale, construction, operation and maintenance services mainly related to IT infrastructure and network security products. It has two kinds of services. Solution product service is engaged in the sale of security products and IT infrastructure products that imported from domestic and overseas manufacturers. It also sells self-owned server-type secure browser SCVX and one-time password authentication single sign-on WisePoint. Main security products include Firewall and VPN, UTM, and Next Generation Firewall. Main IT infrastructure products include Wi-Fi products, routers, Local Area Network (LAN) switches, servers, storage. Solution services provide end users with IT system design and construction services that meet their requirements, and maintenance, repair and replacement services, and help desk services.