Key Developments: SMS Co Ltd (2175.T)
1,271JPY
19 Jun 2013
¥-28 (-2.16%)
¥1,299
¥1,299
¥1,314
¥1,251
100,700
215,648
¥1,928
¥725
Latest Key Developments (Source: Significant Developments)
SMS CO LTD to Establish New Subsidiary in India
SMS CO LTD announced that it has decided to establish a new subsidiary, SMS India Pte. Ltd., which will be engaged in society information research and business development, in September 2013. The Company will hold a 1% stake and Senior Marketing System Asia Pte. Ltd., which is another subsidiary of the Company, will hold a 99% stake in the new subsidiary. Full Article
SMS CO LTD to Establish Subsidiary in Singapore
SMS CO LTD announced that it has decided to establish a wholly owned subsidiary, Senior Marketing System Asia Pte. Ltd, which will be engaged in supervision of overseas subsidiaries and investment in overseas subsidiaries, in Singapore, in June 2013. Full Article
SMS CO LTD to Issue Year-end Dividend for FY 2013
SMS CO LTD announced that it has decided to issue a year-end dividend payment of JPY 1,600 per share, in line with its latest dividend forecast of JPY 1,600 per share announced on April 26, 2013, to all its shareholders as a record of March 31, 2013. The dividend will be paid on June 24, 2013. Full Article
SMS CO LTD to Establish Hong Kong-based Subsidiary
SMS CO LTD announced that it will establish a Hong Kong-based wholly owned subsidiary, which will be engaged in the research on information infrastructure advanced age society and business development and business investment, in June 2013. The subsidiary will be capitalized at JPY 40 million. Full Article
SMS CO LTD to Establish Shanghai-based Sub-subsidiary
SMS CO LTD announced that it will establish a Shanghai-based wholly owned sub-subsidiary, which will be engaged in the research on information infrastructure advanced age society and business development in China, in September 2013. The sub-subsidiary will be capitalized at JPY 35 million. Full Article
SMS CO LTD Amends Year-end Dividend Forecast for FY 2013
SMS CO LTD announced that it has raised the year-end dividend forecast from an undetermined value to JPY 1,600.00 per share for the fiscal year ended March 2013. Full Article
SMS CO LTD's Subsidiary to Acquire Taiwan-based Company
SMS CO LTD announced that its wholly owned Taiwan-based subsidiary, which is engaged in provision of health care information, has decided to acquire 431,428 shares (a 52.5% stake) in a Taiwan-based company, iHealth, engaged in distribution service of prescription drugs for chronic diseases, at the price of TWD 18,120,000, effective May 2013. Full Article
SMS CO LTD Announces Partial Change to Article of Incorporation of Authorized Share Number
SMS CO LTD announced that it has decided to split its common stock from one share into 200 shares, effective April 1, 2013. Following this, the Company has received approval from its Board of Directors to make partial change to its article of incorporation. Based on change to article five, the Company will change the number of its total shares to be possibly issued from 360,000 shares to 72,000,000 shares, effective April 1, 2013. Full Article
SMS CO LTD to Establish New Subsidiary in Thailand
SMS CO LTD announced that it has decided to establish a new subsidiary SMS THAILAND CO., LTD, which will be engaged in the research and development of aging society information business in Thailand, in February 2013. Full Article
SMS CO LTD to Establish New Subsidiary in Malaysia
SMS CO LTD announced that it has decided to establish a new wholly owned subsidiary Senior Marketing System Sdn Bhd, which will be engaged in the research and development of aging society information business in Malaysia, in January 2013. Full Article
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