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SPARX Capital Partners Aqcuire NILE'S Communications Shares.


Tokyo, Japan, July 3, 2006 - (JCN JCN Japan Corporate News
JCN Journal of Cognitive Neuroscience
JCN Journal of Cardiovascular Nursing
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JCN Job Control Number
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JCN joint communications network (US DoD) 
) - SPARX Capital Partners, a wholly-owned subsidiary of SPARX Asset Management Co., Ltd., announced Juine 29 that it acquired 91,116 shares, or just over 84% of the 108,200 issued shares, of NILE'S Communications Inc. from Mr. Toshio Aoyama, the the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of NILE'S Communications.

NILE'S Communications is an independent publisher of lifestyle magazine, 'NILE'S

NILE', which is distributed only to high income brackets Noun 1. income bracket - a category of taxpayers based on the amount of their income
income tax bracket, tax bracket

bracket - a category falling within certain defined limits

income bracket n
. The company also runs

Web-site 'NILEPORT', which provides information linked to 'NILE'S NILE'.

'NILE'S NILE', first published in 1996, has become a recognized magazine for high income brackets. Recently, since there has been a significant increase in the upmarketing efforts of enterprises, NILE'S Communications has been growing steadily.

After the transaction, Mr. Aoyama will remain as the CEO of NILE'S Communications.

SPARX Capital Partners, as the largest shareholder, will dispatch A dispatch or dispatches can refer to:
  • Dispatch (logistics), a procedure in logistics
  • Dispatch (band), an American jam band
  • Dispatches (TV series), a documentary show on Channel 4 in the UK
  • Dispatches
 directors to the board and support NILE'S Communications to achieve the further growth.

Sparx said in a statement that it will continue to invest in companies with competitive and growth oriented o·ri·ent  
n.
1. Orient The countries of Asia, especially of eastern Asia.

2.
a. The luster characteristic of a pearl of high quality.

b. A pearl having exceptional luster.

3.
 management.

Copyright [c] 2006 Japan Corporate News Network. All rights reserved.
COPYRIGHT 2006 Japan Corporate News Network K.K.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:JCNN News Summaries
Date:Jul 4, 2006
Words:182
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