Reference is made to Capital A’s announcements on 5 October 2020 (reference number GA1-05102020-00035), 17 November 2020 (reference number GA1-16112020-00016) and 24 February 2021 (reference number GA1-24022021-00075) regarding the cessation of operations and filing of bankruptcy proceedings by AAJ.
The Board of Directors of the Company wishes to announce that the courts in Japan have ended the bankruptcy proceedings involving AAJ as of 7 April 2022.
There is no financial impact to the Company for the financial year ending 31 December 2022 as the losses and expenses have been recognised in full prior to this.
This announcement is dated 1 June 2022.
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