Provider: Wright Reports
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Kiyo Bank Ltd Announces Initial Public Offering; Issues Consolidated Full-year Forecast for FY 2014; Issues Year-end Dividend Forecast for FY 2014
Kiyo Bank Ltd announced that its stock will begin trading on the Tokyo Stock Exchange on October 1, 2013 under the symbol "8370". The Company will offer a total of 73,401,730 common shares in exchange for shares of Kiyo Holdings Inc. The Company has issued the consolidated full-year forecast for revenue of JPY 75,200 million, ordinary profit of JPY 11,500 million and net profit of JPY 8,200 million for the fiscal year ending March 2014. The Company has issued the year-end dividend forecast of JPY 30.00 per share for the fiscal year ending March 2014.
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