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Daiwa House Industry Co Ltd to Launch Takeover Bid for Shares of DAIYOSHI TRUST CO Ltd
Daiwa House Industry Co Ltd announced that it has decided to launch a takeover bid for shares of DAIYOSHI TRUST CO Ltd. Daiwa House Industry intends to acquire 2,702,100 shares or at least 1,649,100 shares in DAIYOSHI TRUST, for JPY 1,066 per share (JPY 2,880 million in total for 2,702,100 shares), during the period from April 17, 2013 to June 3, 2013. If Daiwa House Industry acquires as many as 2,702,100 shares, it will hold a 100% stake in DAIYOSHI TRUST. As a result, DAIYOSHI TRUST may be delisted from Fukuoka Stock Exchange.
Latest Developments for Daiyoshi Trust Co Ltd
- DAIYOSHI TRUST CO Ltd Announces Outcome of Takeover Bid Launched by Daiwa House Industry Co Ltd
- DAIYOSHI TRUST CO Ltd Cancels Year-end Dividend Payment for FY 2013
- DAIYOSHI TRUST CO Ltd Raises Consolidated Full-year Forecast for FY 2013; Expects Extraordinary Profit for FY 2013
- DAIYOSHI TRUST CO Ltd Appoints Corporate Auditor
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