The Likearisingsun legal team has successfully advised Kato Sangyo Co., Ltd, a publicly listed company in Japan, on a group restructuring exercise. The group restructuring exercise includes the establishment of its intermediate company, Kato Sangyo Malaysia Sdn Bhd, through a share sale transaction; streamlining its shareholdings in Malaysia by transferring 100% of its shareholding in Lein Hing Holdings Sdn Bhd and 90% of its shareholding in Merison Malaysia Sdn Bhd via a contribution-in-kind; and increasing its interest in its intermediate company through capital injection. The announcement regarding the completion of this transaction was published in the first quarter of 2023. 

URL : http://www.katosangyo.co.jp/dynamic_files/News/212/file1/20221205_malaysia.pdf