January 28, 2025
Notice Regarding Discontinuation of Business at a Consolidated Subsidiary
- GMO Internet Group, Inc.
GMO Financial Holdings, Inc. (Securities Code: 7177, TSE Standard; hereinafter "GMO-FH"), a consolidated subsidiary of our company that operates Internet financial and cryptocurrency businesses, announced that its consolidated subsidiary, GMO-Z com Securities (Thailand) Public Company Limited (hereinafter the "Thai Subsidiary"), which operates a securities business in Thailand, resolved at its Board of Directors meeting held on January 27, 2025, to discontinue all of its business operations. The details are as follows.
The Thai Subsidiary is expected to be dissolved and liquidated following the discontinuation of its business.
https://ir.gmo.jp/en/pdf/irlibrary/gmo_disclose_info20250128_01e.pdf