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Palemo Co Ltd (2778.T)

2778.T on Tokyo Stock Exchange

271JPY
26 May 2017
Change (% chg)

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¥273
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Volume
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¥368
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¥171

Latest Key Developments (Source: Significant Developments)

PALEMO says transition to holding company structure and name change
Friday, 31 Mar 2017 02:00am EDT 

Palemo Co Ltd <2778.T> : Says it will restructure the company into a holding company, and transfer apparel business and sundries business to a new unit, effective Aug. 21 .Says it will change name to PALEMO HOLDINGS CO LTD.  Full Article

PALEMO says investment partnership offers takeover bid for shares of the company at 100 yen per share
Wednesday, 31 Aug 2016 03:17am EDT 

PALEMO Co Ltd <2778.T>: Says an investment partnership offered a takeover bid for 7.6 million shares (no less than 7,493,442 shares and no more than 7.6 million shares) of the company . Says the investment partnership plans to hold 63.1 pct stake in the co after transaction . Says the investment partnership offered purchase price at 100 yen per share . Takeover bid total amount at 760 million yen . Offering period from Sep. 5 to Oct. 17 .Settlement starts on Oct. 24.  Full Article

Palemo expects extraordinary loss for Q2 of FY 2016
Tuesday, 15 Sep 2015 02:00am EDT 

Palemo Co Ltd:Says it expects an extraordinary loss of 95,256,000 yen for Q2 of the fiscal year ending Feb. 2016.Says the loss is recorded as an impairment loss.  Full Article

Palemo announces restatement of financial results
Tuesday, 18 Aug 2015 02:00am EDT 

Palemo Co Ltd:Says it has restated financial results of Q1, Q2, Q3 and annual reports for fiscal year ended Feb. 20, 2012, fiscal year ended Feb. 20, 2013, fiscal year ended Feb. 20, 2014 and Q1 report for fiscal year ended Feb. 20, 2015.  Full Article

More From Around the Web

BRIEF-PALEMO says transition to holding company structure and name change

* Says it will restructure the company into a holding company, and transfer apparel business and sundries business to a new unit, effective Aug. 21