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ENDO MANUFACTURING CO LTD Announces Dissolution of Sub-subsidiary; Expects Extraordinary Loss for FY 2013
ENDO MANUFACTURING CO LTD announced that it will dissolve its wholly owned sub-subsidiary, ENDO STAINLESS STEEL(VIETNAM)CO.,LTD., which is wholly owned by ENDO STAINLESS STEEL(THAILAND)CO.,LTD. The sub-subsidiary has been engaged in the manufacture of stainless steel products. The dissolution will be conducted in February 2013. Therefore, the Company expects an extraordinary loss of JPY 80 million for the second quarter of fiscal year ending March 2013 and JPY 95 million (after the completion of litigation) for the full-year ending March 2013.
Latest Developments for Endo Manufacturing Co Ltd
- ENDO MANUFACTURING CO LTD Amends Full-year Consolidated Outlook for FY 2013
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- ENDO MANUFACTURING CO LTD to Repurchase Shares; Amends Mid-year and Full-year Consolidated Outlook for FY Ending March 31, 2013
- ENDO MANUFACTURING CO., LTD. Announces Changes in Shareholding Structure
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