WDI Corporation
Notification Regarding Change of Equity-method Affiliate (Share Transfer)
Transfer of 30% equity in Tim Ho Wan, Inc. to WDI International, Inc., excluding Tim Ho Wan, Inc. from the equity-method affiliate status. Transfer price is 1,500 thousand US dollars, with the transfer date on 2026-10-01. Impact on future consolidated results is under review.
Key Figures
- Transfer price: 1,500 千米ドル（譲渡価額）
- 後の持分: －％（持分喪失）
- 譲渡日: 2026 年 10 月 1 日
AI要約
Section Heading
This disclosure announces the decision to transfer all equity of Tim Ho Wan, Inc., a direct subsidiary’s equity-method affiliate, WDI International, Inc. Following the transfer, Tim Ho Wan, Inc. will be removed from the equity-method affiliate status as the ownership changes from 30% to 0%. The transfer price is 1,500 thousand US dollars, and the transfer date is 2026-10-01. The impact on consolidated results for the fiscal year ending 2027 is under review, and will be disclosed once decided.
Section 2
The reason for the transfer is to operate the group's management resources more efficiently. Details of the transferee, Tim Ho Wan Ventures Pte. Ltd., are provided in the appendix, and Tim Ho Wan operations and management are expected to continue through Tim Ho Wan Ventures Pte. Ltd. While concrete figures for the financial impact are not yet known, they will be disclosed promptly as future announcements.
WDI Corporation
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