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Alconix Corp to Establish New Subsidiary; Announces Acquisition of Shares in OHBA SEIKEN Co., Ltd. by New Subsidiary


Tuesday, 26 Feb 2013 02:00am EST 

Alconix Corp announced that it will establish a wholly owned subsidiary, which will be a holding company engaged in manufacture and sale of integrated circuits, printed board equipment, industrial robots and other machinery in Tokyo, in early March, 2013. The subsidiary will acquire 11,500 shares in OHBA SEIKEN Co., Ltd., which is engaged in manufacture and sale of surface mounting equipment for semiconductors, as well as precision processing parts for machinery manufacturing equipment in Aichi, Japan, for JPY 2,433 million in total from individuals, on April 24, 2013. 

Company Quote

1520.0
-43.0 -2.75%
2:00am EDT