News Release : 2013
Agreement on Share Purchase from San Ei Metal Co., Ltd.
Hanwa has reached an agreement with San Ei Metal Co., Ltd.(hereafter San Ei Metal) to acquire 100% shares issued. San Ei Metal will become a Hanwa’s subsidiary company after the acquisition. The company will use the same company name and take over all the staffs and workers there. Its head office will be at the same location.
Company Profile of San Ei Metal Co., Ltd.
|Head office||3-20-1, Kujo Minami, Nishi-ku, Osaka city, Osaka|
|President||Mr. Koichiro Wada|
|Business||Wholesale steel distributor and primary processing|
Schedule of Share Purchase
|Conclusion of Agreement||March 5.,2013|
|Share transfer||October 1.,2013|
Mr.Yuji Wada, Chairman and Mr.Koichiro Wada, President will resign on May 31.,2013. Hanwa will send a new management staff as President.
We will continue to discuss details of share transfer with San Ei Metal based on the agreement.