TOKYO, May 01 (Pulse News Wire) – MBK CO.,LTD. (3121.T) has agreed to return shares and refund payment related to a share purchase transaction with Welldish Corporation.
On April 10, 2026, MBK acquired 1,000 shares of Welldish Corporation stock at ¥355 per share through ToSTNeT-1, the Tokyo Stock Exchange's off-market trading system. However, due to regulatory concerns, Welldish was designated as a supervised stock on April 14, 2026, leading to the cancellation of the transaction.
Following negotiations with the sellers, MBK signed a memorandum on April 22, 2026, agreeing to return the shares and refund the purchase amount of 276,012 thousand yen. The shares were returned to the sellers on April 28, 2026, along with the refunded payment.
This action underscores the importance of adhering to regulatory requirements and highlights potential risks associated with share transactions involving companies facing scrutiny.
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