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F T Communications Co Ltd's Subsidiary Hybrid Service Co Ltd Announces Outcome of Takeover Bid by Japan-based Investment Company; Announces Changes of Shareholding Structure


Tuesday, 23 Jul 2013 02:30am EDT 

F T Communications Co Ltd's subsidiary Hybrid Service Co Ltd announced that a Japan-based investment company has acquired 26,778 shares of the Company through a takeover bid during the period from June 24, 2013 to July 22, 2013. The payment will be conducted on July 26, 2013. As a result, the Japan-based investment company will become the top shareholder, holding 26,778 voting rights (54.79%), up from 0 voting right. The existing top shareholder, F T Communications Co Ltd will decrease the stake in the Company, from 26,778 voting rights (54.79%) to 728 voting rights (1.49%), effective July 26, 2013. 

Company Quote

2148.0
-98.0 -4.36%
10:30pm EDT