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Home » Dexerials Co., Ltd. Notice regarding completion of transfer of specified subsidiary (stock transfer) and change of trade name, etc.

Dexerials Co., Ltd. Notice regarding completion of transfer of specified subsidiary (stock transfer) and change of trade name, etc.

[Dexerials Co., Ltd.] Notice regarding completion of transfer of specified subsidiary (stock transfer) and change of trade name, etc.
*View in browser* *Dexerials Co., Ltd.*
Press release: July 1, 2024
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Notice regarding completion of transfer (stock transfer) of specified subsidiary and change of trade name, etc.
Dexerials Co., Ltd. (Headquarters: Shimotsuke City, Tochigi
Prefecture, President and Representative Director: Yuku Araie, hereinafter referred to as the “Company”) announced on December 27, 2023, ”
Announcement regarding agreement to discuss forming a strategic partnership with Leicester Holdings Co., Ltd. and changes in specified subsidiaries

As announced in “Dexerials Hong Kong”, “Lester Co., Ltd.” (formerly Lester Holdings Co., Ltd., hereinafter “Lester”) has acquired “Dexerials Hong Kong”.
We would like to inform you that the stock transfer of “Limited Limited” was completed today, and the company has been excluded from our consolidated subsidiaries and specified subsidiaries, and has become an equity method affiliate. In addition, “Dexerials
As of today, “Restar Dexerials Hong Kong Limited” has changed its name to “Restar Dexerials Hong Kong Limited”.
We have decided to change our trade name to “Limited”.

that’s all

1. Overview of the subsidiary to be transferred (Restar Dexerials Hong Kong Limited)
(1) Name Restar Dexerials Hong Kong Limited
(Former trade name: Dexerials Hong Kong Limited)
(2) Address Suites 1201-2, 12F, Tower 3, Hong Kong City, China, 33 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong
(No change)
(3) Title and name of representative Managing Director Hiroyuki Kashima (4) Business content Sales of optical material parts and electronic material parts (no change)
(5) Capital 4,300,000 US dollars (no change)
(6) Investment ratio Lester (formerly Lester Holdings) 51.0%, the Company 49.0% (7) Fiscal year end March (no change)

2. Number of transferred shares, transfer price, and status of transferred shares before and after acquisition
(1) Number of shares owned before transfer: 4,300,000 shares (voting rights ownership ratio: 100.0%)
(2) Number of transferred shares: 2,193,000 shares (voting rights ownership ratio: 51.0%)
(3) Transfer price 7,075,478.89 US dollars
(4) Number of shares held after transfer: 2,107,000 shares (voting rights ownership ratio: 49.0%)
*The transfer price is based on the contract with Leicester and is based on the “Notice Regarding Change in Specified Subsidiary (Stock Transfer)” dated February 5, 2024.
The price has been changed from the price announced at



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