Metaps Inc. (Minato-ku, Tokyo; President & CEO: Yuichiro Yamazaki; hereinafter referred to as the “Company”) has officially announced the transfer of all shares of Metaps Entertainment Limited (British Virgin Islands, CEO: Shuo Zhang; hereinafter referred to as “ME”), a consolidated subsidiary of the Company and the holding company for its marketing business in Greater China, to DIGITAL HEARTS HOLDINGS Co., Ltd (Shinjuku-ku, Tokyo; CEO: Genichi Tamatsuka).
The subsidiaries to be transferred include seven subsidiaries based in Hong Kong, Taiwan, and other areas, and as a result of this transfer the Company will withdraw marketing operations from Greater China. This move coincides with the Company’s medium-term management plan, that includes the selection and concentration of its businesses with a focus on its core offerings such as DX support.