Key Developments: Nitta Gelatin Inc (4977.T)
1,411JPY
23 May 2013
¥-100 (-6.62%)
¥1,606
¥1,496
¥1,507
¥1,402
137,800
246,510
¥1,820
¥530
Latest Key Developments (Source: Significant Developments)
Nitta Gelatin Inc Completes Establishment Procedures of Joint Venture with Shanghai International Trading Co.,Ltd.
Nitta Gelatin Inc announced that the Company and Shanghai International Trading Co.,Ltd. have completed the establishment procedures of the joint venture, Nitta Gelatin Vietnam JV CO.,LTD., which will be engaged in manufacturing and sales of gelation agent. The joint venture will start operating in August 2013. Full Article
Nitta Gelatin Inc Raises Year-end Dividend Forecast for FY 2013
Nitta Gelatin Inc announced that it has resolved to distribute a bonus dividend of JPY 2 per share in commemoration of the listing on Tokyo Stock Exchange. Therefore, the Company has amended its year-end dividend from JPY 6 per share, which was announced on May 11, 2012, to JPY 8 per share (JPY 6 per share of a common dividend and JPY 2 per share of a bonus dividend), for the fiscal year ending March 2013. Full Article
Nitta Gelatin Inc Announces Upgrade of Stock Listing
Nitta Gelatin Inc announced that its stock will be listed on the Tokyo Stock Exchange(TSE) first section from TSE second section, effective December 20, 2012. Full Article
Nitta Gelatin Inc to Establish Joint Venture with Shanghai International Trading Co.,Ltd.
Nitta Gelatin Inc announced that the Company and Shanghai International Trading Co.,Ltd. have agreed to establish a joint venture, Nitta Gelatin Vietnam JV CO.,LTD., which will be engaged in manufacturing and sales of gelation agent, effective December 2012. Full Article
Nitta Gelatin Inc Announces New Joint Venture established by Sub-subsidiary and Beijing-based Company
Nitta Gelatin Inc announced that its sub-subsidiary Nitta Hong Kong, Ltd. has established a new joint venture, which is engaged in the manufacturing and sale of collagen casings in Beijing, China, with a Beijing-based company, on September 20, 2012. Nitta Hong Kong and the Beijing-based company hold a 70% stake and a 30% stake in the joint venture, respectively. Full Article
Nitta Gelatin Inc's Sub-subsidiary to Establish New Joint Venture with Beijing-based Company
Nitta Gelatin Inc announced that its sub-subsidiary, Nitta Hong Kong, Ltd., will establish a new joint venture, which will be engaged in the manufacturing and sale of collagen casing in Beijing, China, with a Beijing-based company, in July 2012. The joint venture will be capitalized at USD 3,000,000 in total, and Nitta Hong Kong and the Beijing-based company will hold 70% and 30% stakes in the joint venture, respectively. Full Article
Nitta Gelatin Inc's Subsidiary to Establish New Joint Venture with China-based Company
Nitta Gelatin Inc announced that its 93.4%-owned subsidiary, Nitta Casings Inc., will establish a new joint venture, which will be engaged in the manufacturing and sale of collagen casing in Beijing, China, with a Beijing-based company, in June 2012. Nitta Casings and the Beijing-based company will hold 70% and 30% stakes in the joint venture, respectively. Full Article
Nitta Gelatin Inc to Issue New Shares through Private Placement
Nitta Gelatin Inc announced that it will issue 255,200 new shares of its common stock, at the price of JPY 425 per share, or JPY 108,460,000 in total, through private placement, to SMBC Nikko Securities Inc., effective January 18, 2012. As a result, the Company's total shares outstanding will be 15,770,074. Full Article
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