GMO Financial Holdings sells Hong Kong FX arm to Remi Holding Group

GMO Financial Holdings announced its decision to transfer all shares of its consolidated subsidiary, GMO-Z.com Forex HK Limited, to Remi Holding Group Limited. This strategic move aims to accelerate growth by focusing resources on its domestic businesses and investing in new, high-growth technological areas, while divesting from its Hong Kong over-the-counter FX trading services.

GMO-Z.com Forex HK Limited reported JPY 871 million in net assets and JPY 2,285 million in total assets as of December 2024. The transfer involves 57,465,652 shares, representing a 100% ownership stake. The transfer price is currently undetermined and contingent on the approval of a shareholder change by the Securities and Futures Commission (SFC) in Hong Kong, with the amount calculated as the net assets of GMO-Z.com Forex HK Limited at the time of transfer plus HK$1 million.

The share transfer agreement is expected to be signed on September 22, 2025, with the execution of the transfer anticipated in January 2026 or later, following SFC approval. GMO Financial Holdings anticipates this transaction will have a minor impact on its consolidated financial performance.