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KANEMATSU ELECTRONICS LTD to Acquire Shares Issued by To-be-established Company

Friday, 30 Aug 2013 02:00am EDT 

KANEMATSU ELECTRONICS LTD announced that it has decided to acquire 54,400 shares of a new company, which is to be established on October 1, 2013, at the price of JPY 500 per share, or JPY 27,200,000 in total, on September 30, 2013. After the transaction, the Company will hold a 34% stake in the new company, which is engaged in sales of information system products. 

Company Quote

-9.0 -0.52%
25 Dec 2014