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BRIEF-Akatsuki updates Wealth Management's stock deal plan, changes in buyers and seller
December 16, 2016 / 3:28 AM / 9 months ago

BRIEF-Akatsuki updates Wealth Management's stock deal plan, changes in buyers and seller

Dec 16 (Reuters) - Akatsuki Corp :

* Says Akatsuki Corp will sell 33 percent stake in Wealth Management Inc to ASK HOLDINGS and its top shareholder Toshihiro Hirosaki

* In the previous release disclosed on Oct. 17, it said its wholly owned unit, Capital Engine KK, would sell 33 percent stake in Wealth Management Inc to ASK PLANNING CENTER, INC.

* Says Akatsuki Corp and ASK HOLDINGS will hold 9.6 percent stake and 24.9 percent stake in Wealth Management Inc respectively, after the stock deal, effective Dec. 19

* Says the change of the seller is caused by dissolution of the former seller Capital Engine KK

Source text in Japanese:goo.gl/6ewWSa; goo.gl/vFynsD

Further company coverage: (Beijing Headline News)

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