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Kudo Corp to Sell Shares in SUNBUILD CORPORATION; Expects Extraordinary Profit for FY 2013


Wednesday, 26 Jun 2013 04:00am EDT 

Kudo Corp announced that it will sell 33,000 shares (a 33.00% stake) in SUNBUILD CORPORATION, which is engaged in condominium management business in Kanagawa, to SUNBUILD's President for JPY 60 million on June 27, 2013. After the transaction, the Company will hold no stake in SUNBUILD. As a result, the Company expects the extraordinary profit of JPY 43 million caused by gain on sale of shares in SUNBUILD, for the fiscal year ending June 2013. 

Company Quote

231.0
-5.0 -2.12%
27 Mar 2015