Daito Construction (JP:1878) has released an update.
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Daito Trust Construction has announced a share exchange agreement to make Housecom Corporation its wholly owned subsidiary, effective February 1, 2025. This strategic move aligns with Daito’s medium-term management plan, focusing on expanding real estate development and strengthening its core business. The transaction is set to enhance Daito’s market position amid evolving industry regulations and increasing competition.
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