TOKYO, May 10, 2024 /PRNewswire/ -- Star Asia Group is pleased to announce that it has entered into a share transfer agreement with Minacia Co., Ltd. ("Minacia") on April 26, 2024, to acquire 100% of the shares of Minacia.

1． Reason for Share Acquisition

Star Asia Group believes that the Japanese hospitality sector is one of the few sectors in Japan with significant growth potential and has been actively and strategically investing in the hospitality sector since before the COVID-19 pandemic. In 2018, Star Asia Group purchased a...