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LY delays LINE MAN share acquisition completion to end-January 2027

PUBT·10/30/2026 06:40:57
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LY delays LINE MAN share acquisition completion to end-January 2027
  • LY Corporation postponed completion of its USD 130 million investment in LINE MAN to end-January 2027 from end-October 2026.
  • The delay reflects additional time needed for coordination among contracting parties to finalize capital increase agreements.
  • The investment through LINE SOUTHEAST ASIA involves acquiring 12,428,298 new shares through a capital increase.
  • Completion would bring indirect holdings to 85,344,082 shares, representing 63.7% of voting rights.
  • The timing change is expected to have minimal impact on current fiscal-year consolidated results because LINE MAN is already a consolidated subsidiary.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LY Corporation published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.