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JAPAN ELECTRONIC MATERIALS CORP to Dissolve Subsidiary; Announces Waiver of Debt

Tuesday, 3 Sep 2013 12:00am EDT 

JAPAN ELECTRONIC MATERIALS CORP announced that it has decided to dissolve a 60%-owned subsidiary, JEM FINE TEC CORP. Due to this development, the Company is expecting to waive the obligations of JPY 495 million of the subsidiary. 

Company Quote

11.0 +2.07%
2:00am EDT