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FINWIRES

Alleanza to Hold EGM to Vote on Share Consolidation

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Alleanza Holdings (TYO:3546) will hold an extraordinary shareholders' meeting on May 27 to approve a share consolidation and related changes, which will lead to its delisting from the Tokyo Stock Exchange, according to a Thursday filing on the Tokyo Stock Exchange.

The shares will be designated for delisting from May 27 to June 25 and are set to be removed on June 26.

The move follows a tender offer by Kohnan Shoji (TYO:7516), which acquired 38.8% of voting rights, as part of steps to make the company a wholly owned subsidiary.

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