A Tokyo-based investment limited liability partnership cancelled the acquisition of an unknown stake in Adish Co. Ltd. from Gaiax Co.Ltd..
January 16, 2019
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A Tokyo-based investment limited liability partnership agreed to acquire unknown stake in Adish Co. Ltd. from Gaiax Co.Ltd. (NSE:3775) on January 17, 2018. Under the terms of the deal, Gaiax Co.Ltd. will sell 6,000 shares in Adish Co. Ltd. In a related deal, Adish Co. Ltd. will issue 15,500 shares to two Tokyo-based investment limited liability partnerships, Freebit Investment, Inc. and Osaka-based management consulting firm. Gaiax Co.Ltd. will hold 65.5% stake in Adish Co. Ltd. down from 78.1% after transactions.
A Tokyo-based investment limited liability partnership cancelled the acquisition of an unknown stake in Adish Co. Ltd. from Gaiax Co.Ltd. (NSE:3775) on January 17, 2019.
Adish Co Ltd is a Japan-based company engaged in the provision of customer relations services, including support for social applications (Apps), social risk posting monitoring and cyber bullying countermeasures. The Company provides four kinds of services. Social app support provides customer support services that respond to inquiries from users on behalf of client companies. Internet monitoring provides a service that monitors posts made by users 24 hours a day, 365 days a year, and responds to alerts, reports, warnings, non-display, when inappropriate posts are found. School guardian provides consulting services to monitor writing and potential personal information breaches on the Internet that could be an issue in school life and use them in student guidance. Front support provides services for companies to maintain and improve connections with users and form a fan community by interacting with users using social media.