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Hibino Corporation to Fully Acquire Subsidiary


Monday, 28 Nov 2011 01:15am EST 

Hibino Corporation announced that it has decided to acquire 7,000,000 shares of a subsidiary, Hibino Asia Pacific Limited, for HKD 3,537,371 (approximately JPY 34 million), on November 29, 2011. After the transaction, the Company will hold a 100% stake (35,000,000 shares) in Hibino Asia Pacific Limited, up from 80.0% stake (28,000,000 shares). 

Company Quote

810.0
-13.0 -1.58%
1:18am EDT