FINWIRES · TerminalLIVE
FINWIRES

TYO:3105

3 stories mentioning TYO:3105Updated just now

Every FINWIRES story that references TYO:3105, newest first.

Asia

Nisshinbo to Book 3.82 Billion Yen Gain from Shikoku Kasei Stake Sale

Nisshinbo (TYO:3105) expects to record a gain on the sale of investment securities of 3.82 billion yen in the third quarter from the sale of 2 million shares of Shikoku Kasei (TYO:4099).The sale, which is part of a public offering by Shikoku Kasei, will generate total proceeds of 3.95 billion yen or 1,976.08 yen per share, with settlement scheduled for Sept. 16, according to a Tokyo bourse filing on Wednesday.An additional gain may be recognized if the green shoe option, granting Daiwa Securities the right to acquire up to 609,900 additional shares, is exercised.The company has also issued a revised consolidated earnings forecast for the year ending December to reflect this extraordinary income.

TYO:3105TYO:4099
Asia

Shikoku Kasei Approves Secondary Share Offering of 4.76 Million Shares

Shikoku Kasei (TYO:4099) has resolved to conduct a secondary offering of up to 4.76 million shares, primarily sold by Nisshinbo (TYO:3105), Taiyo (TYO:4626), and the lead manager.The price of the secondary offer is based on a 0.90-1.00 multiplier of the Tokyo Stock Exchange closing price between Sept. 9 and Sept. 14, according to a Tokyo bourse filing on Tuesday.A separate over-allotment option allows for up to 713,400 additional shares to be sold by the designated underwriter, subject to market demand, at the same price as the main offering.Final pricing and offering details will be determined solely by President Mitsunori Watanabe, and the securities may not be offered or sold in the U.S.

TYO:3105TYO:4099TYO:4626
Asia

Nisshinbo Holdings to Sell Two Million Shares in Shikoku Kasei Holdings

Nisshinbo Holdings (TYO:3105) said it will sell two million shares in Shikoku Kasei Holdings Corp (TYO:4099) through a public offering to improve asset efficiency and strengthen its financial position.The Japan-based company said that the sale price is expected to be finalized between Sept. 9 and Sept. 14, according to a Tokyo Stock Exchange filing on Tuesday.The company expects to record extraordinary income from the sale of investment securities in the third quarter of its fiscal year ending Dec. 31.

TYO:3105

Track with the FINWIRES app suite

FolioX
FolioX
Track TYO:3105 in your portfolio
WheelAI
WheelAI
Analyze TYO:3105 options with the wheel strategy
StockInsider
StockInsider
See market sentiment on TYO:3105