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Home News Oasis Announcement of the Completion of the Transfer of Rays Company (Hong Kong) Limited, Which Owns 63.88% of Raysum Co., Ltd. Shares, to Hulic Co., Ltd.

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Oasis Announcement of the Completion of the Transfer of Rays Company (Hong Kong) Limited, Which Owns 63.88% of Raysum Co., Ltd. Shares, to Hulic Co., Ltd.

HONG KONG--(BUSINESS WIRE)--RS Company Ltd. ("RS"), an affiliate of Oasis Management Company Ltd., announces today that it has transferred all shares of Rays Company (Hong Kong) Limited ("Rays"), which is wholly owned by RS and holds 63.88% of the shares of Raysum Co., Ltd. ("Raysum"), to Hulic Co., Ltd. ("Hulic"). Additionally, RS has transferred its loan receivables and dividend payment claims against Rays to Hulic in exchange for cash consideration. Oasis Management Company Ltd. and RS (coll...

Read the full news release here

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