JAFCO to Transfer Subsidiary JAFCO Asia to Bee Alternatives
MT Newswires Live
Apr 24, 2025
JAFCO (TYO:8595) has decided to transfer all shares in its consolidated subsidiary, JAFCO Investment (Asia Pacific), to Bee Alternatives Management, according to a Wednesday filing on the Tokyo Stock Exchange.
The transaction follows the company's strategic shift towards domestic investment and enhancing shareholder returns. The share transfer is scheduled to be completed by June 30.
JAFCO Asia, based in Singapore, specializes in managing venture capital funds. The company's financial performance for the past few years shows stable net assets and income. The transfer price remains undisclosed.
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