Seiichi Mizuno signed a contract to acquire 48.97% stake in ZE Energy Inc. from Traders Holdings Co.,Ltd. for ¥0.002 million.
July 12, 2021
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Seiichi Mizuno signed a contract to acquire 48.97% stake in ZE Energy Inc. from Traders Holdings Co.,Ltd. (JASDAQ:8704) for ¥0.002 million on July 13, 2021. Seiichi Mizuno will acquire 0.002 million shares at an offer per share of ¥1. Traders Holdings will also waive debt of ¥304 million. ZE Energy reported sales of ¥26.6 million, total assets of ¥60.05 million, operating loss of ¥221.4 million, net loss of ¥190.04 million and net liabilities of ¥3.5 billion for the year ending, March 31, 2021. The transaction is expected to close on July 13, 2021.
TRADERS HOLDINGS CO., LTD. is a holding company engaged in the provision of financial services. Through its subsidiaries, the Company operates in two business segments. The Securities Trading segment is engaged in the purchase, sale, brokerage and intermediary of securities of listed companies, as well as the purchase of bonds. The Foreign Exchange Trading segment is engaged in the provision of foreign currency-based financial derivative products, as well as the trading of foreign exchange margins and options. This segment provides an around-the-clock trading environment for its clients. This segment is also engaged in the management of assets that are used for the trading of foreign exchange margin and options. In addition, the Company also engages in biomass power generation facilities business and others.
TRADERS HOLDINGS CO.,LTD. 
