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Gecoss Corporation ( (JP:9991) ) has shared an update.
Gecoss Corporation announced a correction to its previous notice regarding the conversion of FUCHI Pte. Ltd. into a consolidated subsidiary. The company confirmed its acquisition of 5,333,333 shares in FUCHI, resulting in a 70% voting rights ratio, which will facilitate the conversion of FUCHI into a consolidated subsidiary. This move is expected to strengthen Gecoss’s operational capabilities and expand its influence in the construction sector.
More about Gecoss Corporation
Gecoss Corporation operates in the construction industry, focusing on providing construction materials and services. The company is known for its involvement in infrastructure projects and has a market presence in Japan and internationally.
Average Trading Volume: 49,618
Technical Sentiment Signal: Buy
Current Market Cap: Yen42.57B
Find detailed analytics on 9991 stock on TipRanks’ Stock Analysis page.