Masamichi Koyano cancelled the acquisition of Suxia Co., Ltd from Golf Do Co.,Ltd..
May 08, 2015 at 12:00 am EDT
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Masamichi Koyano agreed to acquire Suxia Co., Ltd from Golf Do Co.,Ltd. (NSE:3032) for ¥12.6 million on May 8, 2014. Golf Do Co.,Ltd. sold 0.09 million shares. Board of Directors of Golf Do Co.,Ltd. made a resolution in favor of the transaction on May 8, 2014.
Masamichi Koyano cancelled the acquisition of Suxia Co., Ltd from Golf Do Co.,Ltd. (NSE:3032) on May 8, 2015.
GOLF DO CO., LTD. is a company mainly engaged in the operation of direct and franchised chain stores that purchase and sell secondhand golf clubs. The Company operates in four segments. The Direct Sales segment is engaged in the direct sales by direct-operated stores and mail order sales using the Internet. The Franchise segment sells goods to franchise merchants, provides services, guidance and assistance on business management. The Business Sales segment engages in the dealer sales by Business to Business. The Wellness segment operates the relaxation salon business. The company's main products include golf clubs and golf equipment.