News

As disclosed in the “Notice Regarding Result of Tender Offer for Shares, Etc. of the Company by BXJE II Holding KK and Change of Parent Company and the Largest (Major) Shareholder,” dated September 25, 2025, the tender offer (the “Tender Offer”) by BXJE II Holding KK (the “Offeror”), which was commenced on August 7, 2025, for the common shares of the Company (the “Company Shares”) and the American depositary shares issued in the United States by The Bank of New York Mellon (the “Depositary Bank”), representing the Company Shares deposited with the Depositary Bank, has been consummated. In light of the consummation of the Tender Offer, the Company is currently considering its plan on the TechnoPro Holdings, Inc. 2nd Series Unsecured Straight Bonds (with inter-bond pari passu clause) (the “Bonds”) issued on October 26, 2021.

According to the Offeror, it intends to make the Company its wholly-owned subsidiary through the Tender Offer and a series of subsequent procedures (including a share consolidation of the Company Shares pursuant to Article 180 of the Companies Act (Act No. 86 of 2005, as amended), which is expected to be implemented at the Offeror’s request). In such a case, the Company Shares will be delisted. Given this, the Company is currently considering convening a bondholders’ meeting to amend the maturity date of the Bonds and proceed with early redemption of the Bonds. Currently, the Company expects to redeem the Bonds by December 31, 2025, subject to an approval at the bondholders’ meeting and by the court.

Specific schedules and redemption terms and details on the bondholders’ meeting will be disclosed promptly once determined through consultations with the Offeror.

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