Takebishi Corporation completed the acquisition of Le Champ (South East Asia) Pte Ltd from Chng Seng Chye and Chng Hung Hwee.
June 03, 2021
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Takebishi Corporation (TSE:7510) entered into an agreement to acquire Le Champ (South East Asia) Pte Ltd from Chng Seng Chye and Chng Hung Hwee on February 24, 2021. Under the terms, Takebishi Corporation will acquire 1 million share of Le Champ (South East Asia) Pte Ltd. As on February 24, 2021, Board of Takebishi Corporation resolved this transaction. This transaction is expected to close in mid-May of 2021.Shankar Sathyanath of KPMG Advisory Services Pte. Ltd. acted as financial advsior to Le Champ (South East Asia) Pte Ltd.
Takebishi Corporation (TSE:7510) completed the acquisition of Le Champ (South East Asia) Pte Ltd from Chng Seng Chye and Chng Hung Hwee on June 4, 2021.
TAKEBISHI CORPORATION is a Japan-based company mainly engaged in the sale of industrial equipment and systems, semiconductor devices, social infrastructure equipment, information and communication equipment, as well as the development of software. The Company operates through two business segments. The Factory Automation (FA) and Device segment is mainly engaged in the sale of industrial equipment and systems, semiconductors and devices, as well as the development of software. The Social and Information Communication segment is mainly engaged in the sale of cooling and heating equipment, building equipment, heavy power equipment, electronic medical equipment and other social infrastructure equipment, mobile phone and other information communication equipment, as well as the development of software. The Company is also engaged in the logistics business, maintenance business, and construction businesses.
TAKEBISHI CORPORATION 
