MIDAC HOLDINGS CO.,LTD. [6564.T]
TOKYO, May 21 (Pulse News Wire) – Midac Holdings CO.,LTD. (6564.T) extended its share buyout defense plan until the end of its upcoming annual shareholders' meeting scheduled for June May 21, 2026.
The board decided to continue the plan, subject to shareholder approval, based on ongoing economic changes and discussions around takeover strategies. The company's strategy includes organic investments aimed at achieving a consolidated revenue of ¥40.00 billion and ordinary profit of ¥12.00 billion.
Midac also plans multiple investment projects requiring substantial funding, necessitating continued protection against unsuitable large-scale share purchases. Under the plan, potential buyers must adhere to strict procedures, providing detailed information and undergoing evaluations by the board and an independent committee.
The plan ensures transparency and protects shareholder interests by setting evaluation periods and allowing time for due diligence.
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