FilingReader Intelligence
Ku Holdings acquires Mercedes-Benz dealership, issues restricted stock
July 23, 2025 at 06:51 AM UTC•By FilingReader AI
Ku Holdings acquired all shares in Stern Chuo Co., a Mercedes-Benz dealer, making it a subsidiary to expand its Mercedes-Benz network.
The company also approved a restricted stock compensation plan, disposing of 312,000 common shares at 1,127 yen per share to directors and subsidiary executives.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
TSE:9856•Tokyo Stock Exchange
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