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Financial Products Group Co Ltd Receives Approval to List on TSE First Section; to Issue New Shares; Announces Changed in Shareholding Structure

Friday, 28 Sep 2012 02:40am EDT 

Financial Products Group Co Ltd announced that it has received the approval to list its stock on the Tokyo Stock Exchange (TSE) first section, effective October 22, 2012. The Company has decided to issue 1,000,000 shares through public offering on October 19, 2012. The Company will also issue 250,000 shares to Daiwa Securities Co., Ltd., through private placement, on November 14, 2012. The Company's second major shareholder has decreased the voting rights in the Company, from 9,244 voting rights (12.33%) to 2,444 voting rights (2.88%), effective October 22, 2012. 

Company Quote

10.0 +1.05%
2:00am EDT