Ainavo Holdings Co., Ltd. (JASDAQ:7539) acquired 9.54% stake in MANIX Co., Ltd. on January 6, 2017. Under the terms of the transaction, Ainavo Holdings Co., Ltd. will acquire 10,000 common shares of MANIX. The transaction is expected to complete on January 6, 2017.
Ainavo Holdings Co., Ltd. (JASDAQ:7539) completed the acquisition of 9.54% stake in MANIX Co., Ltd. on January 6, 2017.
AINAVO HOLDINGS Co., Ltd., is a Japan-based company involved in the large-sized property business and the detached house business. The Company operates in two business segments. The Detached House segment is engaged in the sale and construction of various tile products such as interior and exterior tiles, floor tiles, exteriors and other related products, and housing related products such as bathtubs, water heaters, system kitchens, sanitary equipment, solar power generation systems and other products. The Large-sized Property segment is engaged in the interior tile, exterior tile and floor tile construction works, the housing equipment construction works such as unit baths, system kitchens, bathtubs and others, the large ceramic tile works made of stones and dry methods, and the air conditioning and sanitary equipment works.