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Fuji Kiko Co Ltd to Sell Stake in Fuji Autotech Europe S.A.S. to Newly Established Subsidiary; Amends Year-end Dividend Forecast for FY 2013

Tuesday, 26 Feb 2013 01:00am EST 

Fuji Kiko Co Ltd announced that it has decided to sell the 85.53% stake in a subsidiary Fuji Autotech Europe S.A.S., to a Europe-based wholly owned subsidiary Fuji Kiko Europe S.A.S. established on January 4, 2013, for EUR 28,500,000 on March 5, 2013. Fuji Kiko Europe S.A.S. is engaged in management of group business in Europe. The Company also has amended its year-end dividend forecast from JPY 0.00 per share to an undetermined value, for the fiscal year ending March 2013. 

Company Quote

28.0 +5.26%
26 Nov 2014