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Key Developments: Keisei Electric Railway Co Ltd (9009.T)

9009.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Keisei Electric Railway to establish new joint venture with ROYAL HOLDINGS Co Ltd
Friday, 25 Mar 2016 02:00am EDT 

Keisei Electric Railway Co Ltd:To establish a new joint venture with ROYAL HOLDINGS Co Ltd, in March 2017.The new joint venture will be engaged in the hotel operation in Chiba prefecture, Japan.The new joint venture will be capitalized at 100 million yen.Keisei Electric Railway and ROYAL HOLDINGS will hold 51 pct and 49 pct stakes in the new joint venture, respectively.  Full Article

Keisei Electric Railway raises year-end dividend forecast to 3.5 yen per share for FY 2016
Friday, 25 Mar 2016 02:00am EDT 

Keisei Electric Railway Co Ltd:Raises year-end dividend forecast to 3.5 yen per share, from 3 yen per share, for the fiscal year ending March 2016.  Full Article

R&I upgrades Keisei Electric Railway's rating to "A" and announces stable rating outlook
Wednesday, 25 Nov 2015 01:00am EST 

Keisei Electric Railway Co Ltd:Rating and Investment Information, Inc. (R&I) raised the company's issuer rating to "A" from "A-".Rating outlook stable.  Full Article

Keisei Electric Railway to issue 49th series corporate bonds
Friday, 28 Aug 2015 01:00am EDT 

Keisei Electric Railway Co Ltd:To issue 49th series corporate bonds worth 10 bln yen, on Aug. 28.The bonds are each with face value of 100 mln yen, issue price at 100 yen per face value of 100 yen, maturity date Sep. 4, 2020 and coupon rate 0.291 pct per annum.Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. and Mizuho Securities Co., Ltd. will serve as underwriters.  Full Article

Keisei Electric Railway announces resignation of chairman
Tuesday, 19 May 2015 01:30am EDT 

Keisei Electric Railway Co Ltd:Tsutomu Hanada to resign from chairman on June 26.  Full Article

R&I affirms Keisei Electric Railway's rating at "A-" and announces stable outlook
Thursday, 4 Dec 2014 01:00am EST 

Keisei Electric Railway Co Ltd:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-".Rating outlook stable.  Full Article

BRIEF-Keisei, Royal Holdings to set up JV to build new hotels - Nikkei

* Keisei Electric Railway, Royal Holdings to set up JV in March 2017 to operate business hotels under brand name Keisei Richmond Hotel - Nikkei