MBK Co.,Ltd. [3121.T]

TOKYO, May 27 (Pulse News Wire) – MBK CO.,LTD. (3121.T) announced that its board of directors decided on May 27 to sell shares to SAMBOCHI Corporation (formerly Create Capital Corporation) on June 12.

The transaction involves selling 60,000 shares at a price of ¥201 per share, totaling ¥12.1 million. SAMBOCHI Corporation will provide consulting services aimed at enhancing MBK's corporate value through strategic advice on mergers and acquisitions (M&A), equity investments, and investor relations strategies. In exchange, MBK will allocate shares worth the consultancy fees, which amount to one year’s compensation for these advisory services.

The discount rate applied to the issuance price was determined based on discussions with SAMBOCHI Corporation and recent trading trends. Specifically, the price was set at a 9.87% discount compared to the closing price on May 26, reflecting considerations related to MBK's recent operating losses and ongoing challenges in securing stable cash flows amid rising interest rates and real estate prices. Following the sale, major shareholders' stakes will adjust accordingly, with SAMBOCHI Corporation expected to hold the allocated shares for at least one year.

MBK also plans to receive assurances from SAMBOCHI Corporation regarding reporting any subsequent transfers within two years.

Original Disclosure (PDF)

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