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GRAPHITE DESIGN INC to Dissolve Wholly Owned Subsidiary; Expects Q3 Extraordinary Loss for FY Ending February 2013


Friday, 26 Oct 2012 04:00am EDT 

GRAPHITE DESIGN INC announced that it will dissolve its wholly owned subsidiary, GRAPHITE DESIGN INTERNATIONAL, INC., which has been engaged in the manufacturing and sale of golf shaft in America, in December 2012. As a result, the Company expects to record JPY USD 990,000 expenses on liquidation as extraordinary loss for the third quarter of the fiscal year ending February 2013. 

Company Quote

566.0
1.0 +0.18%
2:09am EDT