Tokuhokai Social Welfare Corp. cancelled the acquisition of elderly housing operation and management business and facilities from Daido Kogyo Co., Ltd..
March 14, 2017
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Tokuhokai Social Welfare Corp. agreed to acquire elderly housing operation and management business and facilities from Daido Kogyo Co., Ltd. (TSE:6373) on March 15, 2016. The transaction is scheduled to close on March 31, 2016.
Tokuhokai Social Welfare Corp. cancelled the acquisition of elderly housing operation and management business and facilities from Daido Kogyo Co., Ltd. (TSE:6373) on March 15, 2017.
DAIDO KOGYO CO., LTD. is a machinery manufacturing company. Along with its subsidiaries and associated companies, the Company is engaged in the manufacture and sale of power transmission and transportation-related products, such as chains and conveyers; rim and wheel-related products, such as rims, wheels, spokes and bolts; the Other products, such as welfare equipment and office machinery in Japan, China, Indonesia, Thailand, Vietnam, India, the United States, Brazil and Italy. Through its subsidiaries, the Company is also engaged in the processing and sale of steels, the purchase of related materials, the sale of chains, the provision of welfare services, as well as the repair and maintenance of facilities, among others.
Tokuhokai Social Welfare Corp. cancelled the acquisition of elderly housing operation and management business and facilities from Daido Kogyo Co., Ltd..
DAIDO KOGYO CO., LTD. 