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アライドアーキ---続落、連結子会社に対する債権放棄及び清算方法変更を発表

Allied Archi --- Continues to decline, announces debt forgiveness for consolidated subsidiaries and changes to liquidation methods.

Fisco Japan ·  Jan 6 09:09

Continuing to decline. After the close of trading on the 30th, the announcement was made regarding the abandonment of claims against a consolidated subsidiary and a change in liquidation method, leading to selling. The liquidation procedures for the consolidated specified subsidiary SUPERFACTION PTE.LTD. are underway, but it has been determined that it is difficult to recover the claims on that company which is currently in a state of over-indebtedness, hence the decision to abandon the claims against that consolidated specified subsidiary. The amount of the claims abandonment is 1.855 billion yen; however, of that amount, 1.499 billion yen has been fully accounted for as a reserve for doubtful accounts, so in the individual financial statements, the difference of 0.356 billion yen is expected to be recorded as a special loss under impairment of claims against affiliates.

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