---
title: "DIMMI LIFE HLDG's subsidiary plans to sell all issued share capital of Shangzhuo Investment Co., Ltd. for 910 million Japanese yen"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/254996588.md"
description: "DIMMI LIFE HLDG announced that its wholly-owned subsidiary, Boshe Development Co., Ltd., will sell all issued share capital of Shangzhuo Investment Co., Ltd. for JPY 9.1 billion. The company believes that, in the context of the depreciation of the yen and the recovery of the Japanese tourism market, selling this asset is an attractive opportunity to achieve a premium above book value and to reallocate resources to more competitive markets"
datetime: "2025-08-28T11:46:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/254996588.md)
  - [en](https://longbridge.com/en/news/254996588.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/254996588.md)
---

# DIMMI LIFE HLDG's subsidiary plans to sell all issued share capital of Shangzhuo Investment Co., Ltd. for 910 million Japanese yen

According to the announcement from DIMMI LIFE HLDG (01667), on August 28, 2025, the seller, Boshe Development Limited (an indirectly wholly-owned subsidiary of the company), entered into a Share Purchase Agreement with the buyer, under which the seller agrees to sell and the buyer agrees to purchase the shares for sale (the entire issued share capital of Shangzhuo Investment Limited) at a price of 910 million Japanese yen.

The announcement states that the company believes that during the depreciation of the yen and the recovery of the Japanese tourism market, there is strong demand from investors for Japanese real estate assets. The sale provides an attractive opportunity for the company to realize a premium above the book value and appraisal value of the hotel. The transaction allows the company to seize favorable market conditions and lock in investment returns.

At the same time, the group's business in Japan is not a strategic focus, and the group has not allocated sufficient resources to manage its Japanese operations. The board believes that continuing to hold the hotel may not provide the best returns for shareholders. Selling the hotel will enable the group to streamline operations, reduce management burdens, and reallocate resources to markets and business segments where the group has stronger competitive advantages and local expertise

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