ZIGExN Co., Ltd. cancelled the acquisition of Intercapital Securities, Inc from Yoshikazu Hamaie.
February 12, 2015 at 11:00 pm EST
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ZIGExN Co., Ltd. (TSE:3679) agreed to acquire Intercapital Securities, Inc from Yoshikazu Hamaie for ¥58 million on February 13, 2014. ZIGExN Co., Ltd. is acquiring 8200 shares of Intercapital Securities, Inc. For the period ending March 31, 2013, Intercapital Securities, Inc reported total assets of CNY 131 million, net assets of CNY 128 million, sales of CNY 19 million, operating loss of CNY 41 million and net loss of CNY 41 million. The transaction is expected to close by March 31, 2014.
ZIGExN Co., Ltd. (TSE:3679) cancelled the acquisition of Intercapital Securities, Inc from Yoshikazu Hamaie on February 13, 2015.
ZIGExN Co.,Ltd. is a Japan-based company primarily engaged in life media platform business which integrates the information on multiple media. The Company operates in two business segments. Its Life Media Platform segment is engaged in the development, operation and maintenance of media that integrate information from multiple Internet and paper media, specialized media that matches users and customers for specific industries and regions, as well as application Service provider (ASP) services. The Life Media Platform segment includes three fields: human resources field, real estate field and living field. The Others segment is engaged in the plan, development, operation and maintenance of new development services centered on the user billing model, leveraging the knowledge of the existing life media platform business.