April 18, 2022

Notice Regarding Change in Equity Method Affiliate and Gain on Sale from Transfer of Shares

  • GMO Internet, Inc.
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GMO Internet, Inc. hereby announces that its consolidated subsidiary, GMO Payment Gateway, Inc. (TSE Prime Market: 3769) has resolved at the Board meeting held today to transfer all of the shares of its equity method affiliate 2C2P Pte. Ltd. (2C2P) owned by the subsidiary GMO-Z.COM PAYMENT GATEWAY PTE. LTD. (GMO-Z PG SG).

Please refer to the material below for more details.