PGT Holdings to divest stake in Japanese subsidiary
PGT Holdings Joint Stock Company's board of directors has approved the termination of its overseas investment in PGT Japan Company. This decision, formalized in Resolution No. 08/2025/NQ-HĐQT-PGT on November 26, 2025, aims to effectively manage capital and comply with investment laws.
The company will transfer a total of 50 shares it owns in PGT Japan Company to a foreign investor for a price of $4,450. The transaction involves Mr. Kakazu Shogo, general director of PGT Company and a related party, as the recipient of these shares.
Mr. Kakazu Shogo has been assigned responsibility to execute all necessary legal procedures for the termination of overseas investment at PGT Japan Company, adhering to Vietnamese laws. Additionally, Mr. Ryotaro Ohtake, chairman of the board of directors, is tasked with handling all legal procedures for the share transfer. This resolution is effective from its signing date.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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