Key Developments: L'ALBA Holdings Corp (4798.T)
8JPY
2 Jul 2013
¥0 (+0.00%)
¥6
¥8
¥8
¥7
3,240,700
10,378,400
¥17
¥6
Latest Key Developments (Source: Significant Developments)
L'ALBA Holdings Corp Announces Lawsuit
L'ALBA Holdings Corp announced that T&Y Inc. has filed a lawsuit against the Company to request the Company's payment of expired loan of JPY 30,000,000. Full Article
L'ALBA Holdings Corp Lowers Consolidated Full-year Outlook for FY 2013; Expects Extraordinary Loss for FY 2013
L'ALBA Holdings Corp announced that it has lowered the consolidated full-year outlook for revenue from JPY 1,660 million to JPY 1,130 million, operating profit (loss) from JPY 50 million to JPY (190 million), ordinary profit (loss) from JPY (156 million) to JPY (400 million), net profit (loss) from JPY (56 million) to JPY (270 million) and earning (loss) per share from JPY (0.18) to JPY (0.84) for the fiscal year ending May 20, 2013. The negative outlook is mainly due to less-than-expected sales. The Company also announced that it is expecting an extraordinary loss of JPY 25 million, as loss in the business rehabilitation, for the third quarter of fiscal year ending May 20, 2013. Full Article
L'ALBA Holdings Corp to Fully Acquire Global Environmental Development Incorporation and to Start New Business
L'ALBA Holdings Corp announced that it has decided to acquire 628 shares (a 100% stake), for JPY 6.28 million, of Global Environmental Development Incorporation, effective November 21, 2012. Along with the transaction, the Company will start bio-mass fuel sales business since February 2013. Full Article
L'ALBA Holdings Corp to Form Business Alliance with Tokyo-based Company
L'ALBA Holdings Corp announced that it will cooperate with a Tokyo-based company on adequacy diagnosis equipment, in addition to the business alliance signed on October 5, 2012 to work together on the assessment analysis equipment business. Full Article
L'ALBA Holdings Corp to Form Business Alliance with Tokyo-based Company
L'ALBA Holdings Corp announced that it has signed a basic agreement on business alliance with a Tokyo-based company mainly engaged in the planning, design, development and sale of computer software as well as assessment tool. The two companies will work together on the assessment analysis equipment business. Full Article
L'ALBA Holdings Corp Expects Q1 Extraordinary Profit and Amends Consolidated Full-year Outlook for FY Ending May 2013
L'ALBA Holdings Corp announced that it expects to record JPY 180 million amortization of negative goodwill as extraordinary profit for the first quarter of the fiscal year ending May 2013. Therefore, the Company reaffirmed its consolidated mid-year outlook for revenue of JPY 700 million, operating profit of JPY 0 million, ordinary profit (loss) of JPY (140 million), and raised its consolidated mid-year outlook for net profit (loss) from JPY (174 million) to JPY 0 million and earning per share (loss) from JPY (0.55) to JPY 0.00 for the fiscal year ending May 20, 2013. The Company also reaffirmed its consolidated full-year outlook for revenue from of JPY 1,660 million, operating profit of JPY 50 million, ordinary profit (loss) of JPY (156 million), and raised its consolidated full-year outlook for net profit (loss) from JPY (230 million) to JPY (56 million) and earning per share (loss) from JPY (0.72) to JPY (0.18) for the same fiscal year. Full Article
L'ALBA Holdings Corporation Appoints Corporate Auditor
L'ALBA Holdings Corporation announced that it has appointed Seisho Audit Corporation as its corporate auditor, effective August 9, 2012. Full Article
L'ALBA Holdings Corporation Completes Issuance of Shares through Private Placement
L'ALBA Holdings Corporation announced that it has completed to issue 24,934,700 shares to three Japan-based companies, through private placement, at the price of JPY 15.3 per share, or JPY 381,500,910 in total, on July 4, 2012. Full Article
L'ALBA Holdings Corporation Announces Settlement of Lawsuit
L'ALBA Holdings Corporation announced the settlement of the lawsuit, which was filed by two Japan-based associations against the Company and the former President of the Company, demanding JPY 167,500,000 purchasing payment of options, with Tokyo District Court on October 22, 2009. In the settlement, the Company will pay JPY 30,000,000 in damages. Full Article
L'ALBA Holdings Corporation to Issue New Shares through Debt Equity Swap
L'ALBA Holdings Corporation announced that it will be issuing 24,934,700 shares of common stock, at the price of JPY 15.3 per share, for JPY 381,500,910 in total, including JPY 305,000,910 from debt equity swap, effective July 4, 2012. The Company will be issuing 15,359,500 shares to a Japan-based company, 5,000,000 shares to Core Pacifice - Yamaichi International (H.K.) Limited and 4,575,200 shares to another Japan-based company respectively. Full Article
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