ARE Holdings to Reorganize Metals Recycling Units in April Company Split

MT Newswires Live

02/03

ARE Holdings (TYO:5857) will carry out an absorption-type company split between wholly owned subsidiaries effective April 1 to integrate assay and refining operations at Asahi Metalfine's Bando plant into Asahi Pretec, according to a Tuesday filing on the Tokyo Stock Exchange.

The move aims to streamline processing workflows and improve efficiency in the group's precious metals recycling business.

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