Asia
LuckLand Signs Share Transfer Deal to Sell Mach Kiki Stake
LuckLand Co (TYO:9612) signed a transfer agreement to sell its entire stake in wholly owned subsidiary Mach Kiki to Shikigaku Growth Capital Partners for 373 million yen.The Tokyo-listed food industry- and real estate-focused company said Thursday its board will transfer 2,000 shares in Mach Kiki on July 31.The sale is aimed at effectively allocating its management resources and developing and recruiting personnel amid the ongoing labor shortage in the construction sector.
TYO:9612
