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Asian Star Co (8946.T)

8946.T on Tokyo Stock Exchange

26 May 2017
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Latest Key Developments (Source: Significant Developments)

Asian Star to buy Tokyo-based property on Dec. 22
Friday, 14 Oct 2016 02:06am EDT 

Asian Star Co <8946.T> :Says it plans to buy Tokyo-based property on Dec. 22, at an undisclosed price.  Full Article

Asian Star to sell unit for 60 mln yuan
Friday, 17 Jun 2016 03:10am EDT 

Asian Star Co <8946.T> :Says it plans to sell 100 percent stake in its Kanagawa-based unit which is engaged in real estate business, to a Shanghai investment firm, for 60 million yuan (about 960 million yen), in the end of Aug..  Full Article

Asian Star announces new capital alliance
Friday, 20 May 2016 02:47am EDT 

Asian Star Co <8946.T> : Says it scraps the former capital alliance formed on Dec. 19, 2011 with a Shanghai-based investment firm D&W Co., Ltd. and a Hongkong investment firm .Says it forms a new capital alliance with D&W Co., Ltd. and D&W's wholly owned unit on May 20.  Full Article

ASIAN STAR lowers consolidated full-year outlook for FY 2015
Friday, 22 Jan 2016 01:00am EST 

ASIAN STAR CO:Says the company lowered the consolidated full-year outlook for revenue to 1,187 mln yen from 1,444 mln yen for the fiscal year ended Dec. 31, 2015.Sees a decrease of operating profit forecast to 61 mln yen from 67 mln yen.Sees a decrease of ordinary profit forecast to 58 mln yen from 59 mln yen.Confirms the net profit forecast at 47 mln yen.Confirms the earnings per share at 3.06 yen.Says decreased sale volume in real estate business as main reason for the forecast.  Full Article

ASIAN STAR announces exercise of warrants
Friday, 16 Oct 2015 02:30am EDT 

ASIAN STAR CO:Says 10 of its first series warrants were exercised into 500,000 shares, on Oct. 16.The shares exercised for 86,000,000 yen in total.  Full Article

ASIAN STAR subsidiary to establish joint venture with Shanghai-based company
Thursday, 30 Jul 2015 02:00am EDT 

ASIAN STAR CO:Says its Shanghai-based subsidiary, will establish a new joint venture with another Shanghai-based company, in Aug. 2015.The joint venture will be engaged in the hotel and asset management, as well as investment, business information and enterprise management consulting in Shanghai, China.The joint venture will be capitalized at 2 million yuan.The subsidiary and the Shanghai-based company will hold 55 pct and 45 pct stakes in the joint venture respectively.  Full Article

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