GLOBAL LINK MANAGEMENT INC. [3486.T]
TOKYO, Jun 15 (Pulse News Wire) – Global Link Management Inc. (3486.T) announced today that its board of directors held on June 15 decided to acquire additional shares of SAGL Advisors Co., Ltd., making it a wholly-owned subsidiary.
The move aims to strengthen the company's long-term revenue base and align with its strategic shift towards establishing asset management operations. SAGL Advisors was established in October 2020 through joint investment by Global Link Management and Star Asia Group. The company currently holds a stake of 49% in SAGL Advisors, which operates in the asset management sector. By acquiring the remaining shares from Star Asia Asset Management III LLC, Global Link Management seeks to consolidate its control and enhance its stable and sustainable business model amid fluctuating economic conditions.
Key details of the acquisition include: - Number of shares acquired: 1,020 - Total consideration: ¥102 million for ordinary shares of Star Asia Asset Management III LLC, excluding related expenses yet to be determined. - Post-acquisition shareholding: 2,000 shares, representing 100.0% voting rights. The transaction is scheduled to be completed on June 30, 2026. According to the company, the impact on its fiscal year ending December 2026 performance is expected to be minor, consistent with previously disclosed forecasts released on February 13, 2026.
Global Link Management continues to focus on achieving its mid-term plan GLM100 and advancing toward the realization of GLM1000, aiming to sustainably grow its businesses and reinforce its revenue foundation.
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