LY Corp. Clears Thai Regulatory Hurdle for Line Man Acquisition

MT Newswires Live

05/27

LY Corp. (TYO:4689) received notification from Thai authorities on May 14, confirming that no approvals or permits are required for the additional acquisition of shares in Line Man Corp. through its subsidiary.

The company had already integrated Line Man as a consolidated subsidiary on September 30, 2025, while awaiting the final conclusion of the cross-border regulatory review. With the statutory clearance now finalized, the Tokyo-based tech firm plans to formally execute and settle the additional share acquisition by August 2026.

LY Corp. projects holding over 81 million Line Man Corp. shares, giving them 60.9% of the voting rights, once the transaction is finished.

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Clears Thai Regulatory Hurdle for Line Man Acquisition\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-05-27 17:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> LY Corp. (TYO:4689) received notification from Thai authorities on May 14, confirming that no approvals or permits are required for the additional acquisition of shares in Line Man Corp. through its subsidiary.</p><p>The company had already integrated Line Man as a consolidated subsidiary on September 30, 2025, while awaiting the final conclusion of the cross-border regulatory review. 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