Singapore investors just offered to become shareholders in a Japanese company. The company, 3D Investment Partners, has already been readying to work with Tohokushinsha Film Corporation.
Before this current offer, 3D Investment Partners had a share in the company of about 18% each share was valued at around 600 yen.
The price for each share reportedly makes up as high as 15% of Wednesday’s closing price for Tohokushinsha.
As Deadline reports, the offer states that those managing Tohokushinsha must follow through with business models proposed by 3D Investment Partners, which also included delisting. The calling for delisting comes because over 25% of shares have to be circulating.
Upon the offer, Tohokushinsha was given an estimated price tag of a whopping $575 million. Part of the offer, as well, includes 3D Investment Partners making Tohokushinsha a private company.
As for the company that 3D is putting its efforts into, Tohokushinsha has become a prominent company in Japan. Most of their work is dubbing other projects into Japanese for their imports to the country.
However, they’ve also had a hand in producing films and television as well, both inside and outside of Japan. They’ve even dabbled in video games, contributing to franchises such as Final Fantasy and Crash Bandicoot.
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