DIMMI LIFE HLDG's subsidiary plans to sell all issued share capital of Shangzhuo Investment Co., Ltd. for 910 million Japanese yen
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DIMMI LIFE HLDG announced that its wholly-owned subsidiary, Boshe Development Co., Ltd., will sell all issued share capital of Shangzhuo Investment Co., Ltd. for JPY 9.1 billion. The company believes that, in the context of the depreciation of the yen and the recovery of the Japanese tourism market, selling this asset is an attractive opportunity to achieve a premium above book value and to reallocate resources to more competitive markets
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