Notice of Commencement of Consideration on Changes in Consolidated Subsidiary (Equity Transfer)
- 2024/03/25 IR News
Sanyo Chemical Industries, Ltd. (“we” or “the Company”) hereby announces that the Company has started considering the transfer of all the equity interests of San-Dia Polymers (Nantong) Co., Ltd.(“SDN”), a wholly owned by its consolidated subsidiary SDP Global Co., Ltd. (“SDP”) to a Chinese company,Nantong Jiangtian Chemical Co., Ltd. (“Jiangtian Chemical”), with regard to the “Notice of Withdrawal from Business of Subsidiary and Recording of Extraordinary Loss” disclosed today.