TYO:1333

2 stories mentioning TYO:1333Updated 25d ago

Every FINWIRES story that references TYO:1333, newest first.

Umios to Absorb Aquaculture, Processed Foods Businesses from Taiyo A&F

Japanese seafood company Umios (TYO:1333) plans to carry out an absorption-type company split under which it will absorb the aquaculture and processed foods businesses of its wholly-owned subsidiary Taiyo A&F, according to a Monday filing with the Tokyo Exchange.The move is aimed at strengthening Umios Corporation's product portfolio, improving operational efficiency, and combining aquaculture expertise to boost production, the filing said.The company split is expected to be carried out on Oct. 1, it said.Shares of Umios Corporation added nearly 1% in recent trade.

TYO:1333

Asia53d ago

Umios Corp to Acquire 51% Stake in Malaysia's Pet World International

Umios Corp, formerly Maruha Nichiro (TYO:1333), said its board agreed to acquire a 51% stake in Malaysia-based Pet World International through a newly established holding company, according to a filing on the Tokyo Stock Exchange on Monday.The Tokyo-listed company said the acquisition aims to strengthen its pet food business and accelerate its "glocal" strategy across Asia.

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