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TYO:4099

5 stories mentioning TYO:4099Updated just now

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Asia

Sekisui Jushi to Book 2.16 Billion Yen Gain from Shikoku Kasei Shares Divestment

Sekisui Jushi (TYO:4212) expects to record a gain on sale of investment securities of 2.16 billion yen in the fiscal second quarter from the divestment of all its nealy 1.3 million common shares in Shikoku Kasei (TYO:4099).The shares were sold to Daiwa Securities at 1,976.08 yen per share, generating total proceeds of 2.50 billion yen, with delivery scheduled for Sept. 16, according to a bourse filing on Wednesday.The sale is part of the secondary offering of Shikoku Kasei's common shares.The gain has been partially incorporated into the company's consolidated forecasts for the interim and full-year results disclosed on July 30.

TYO:4099TYO:4212
Asia

Shikoku Kasei Sets Secondary Offering Price

Shikoku Kasei (TYO:4099) has set the selling price for its secondary public offering at 2,062 yen per share, with total proceeds of 9.81 billion yen, according to a Tokyo bourse filing on Wednesday.The underwriters will purchase the shares at 1,976.08 yen per share, totalling 9.40 billion yen, with delivery scheduled for Sept. 16.An over-allotment offering of 713,400 additional shares has also been priced at 2,062 yen a piece, generating 1.47 billion yen in additional proceeds.

TYO:4099
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

Taiyo to Dispose of All 1.49 Million Shares in Shikoku Kasei Secondary Offering

Taiyo (TYO:4626) has resolved to participate as a seller in the secondary offering of Shikoku Kasei (TYO:4099), disposing of its entire 1.49 million-share holding.The sale price to underwriters will be determined between Sept. 9 and 14, following the pricing methodology disclosed by Shikoku Kasei, according to a Tokyo bourse filing on Tuesday.Taiyo expects to book an extraordinary gain on the sale of investment securities in its second quarter of fiscal year ending March 31, 2027 but did not specify the amount.

TYO:4099TYO:4626
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

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