Wakachiku Construction Co., Ltd.
Notice Regarding the Commencement of a Tender Offer by ACVE Holdings LLC for Ordinary Shares of Wakachiku Construction Co., Ltd. (Securities Code: 1888) and the Conclusion of a Capital and Business Alliance Agreement
A tender offer for 1,071,262 ordinary shares at 4,455 yen per share will be conducted from February 13, 2026, to March 13, 2026, aiming to make Wakachiku Construction a consolidated subsidiary of Aso.
Key Figures
- Offer Price: 4,455 yen per ordinary share
- Number of Shares to be Purchased: 1,071,262 shares (ownership ratio 8.42%)
- Tender Offer Period: From February 13, 2026 to March 13, 2026 (20 business days)
AI要約
Overview of the Tender Offer and Capital and Business Alliance
ACVE Holdings LLC will conduct a tender offer for 1,071,262 ordinary shares of Wakachiku Construction Co., Ltd. (representing an 8.42% ownership stake) at 4,455 yen per share. The tender offer period is 20 business days from February 13, 2026, to March 13, 2026. The purpose of the tender offer is to make Wakachiku Construction a consolidated subsidiary of Aso. Concurrently, a capital and business alliance agreement has been concluded among Wakachiku Construction, Aso, and the tender offerors. At present, the tender offerors do not own any shares of Wakachiku Construction, while Aso holds 42.63% of the shares.
Shareholder Composition and Application Conditions
With regard to the tender offer, consent to apply has been obtained for a total of 1,071,262 shares owned by Sumitomo Mitsui Trust Bank, Sumitomo Mitsui Banking Corporation, and Chiba Bank. The tender offer is conducted only within Japan, and applications via mail or communication facilities from the United States are prohibited. Applicants must represent and warrant that they are located outside the United States and have not received or sent information within the United States.
