Key Developments: Forval Telecom Inc (9445.T)

9445.T on Tokyo Stock Exchange

374JPY
1 Oct 2014
Price Change (% chg)

¥3 (+0.81%)
Prev Close
¥371
Open
¥370
Day's High
¥375
Day's Low
¥367
Volume
12,100
Avg. Vol
14,249
52-wk High
¥389
52-wk Low
¥301

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Latest Key Developments (Source: Significant Developments)

FORVAL TELECOM INC to sell properties and expects extraordinary loss for Q2 of FY 2015
Tuesday, 9 Sep 2014 02:30am EDT 

FORVAL TELECOM INC:To sell properties including a plot of land (at price of 183 mln yen) and a building (at price of 66 mln yen) that located in Tokyo, as well as a plot of land (at price of 97 mln yen) and a building (at price of 2 mln yen) that located in Saitama, to a Tokyo-based company.Transaction planned effective on Sep. 26.Expects extraordinary loss of 164 mln yen for Q2 of FY ending March 2015 due to this selling.  Full Article

FORVAL TELECOM INC announces listing on TSE second section
Friday, 25 Jul 2014 04:00am EDT 

FORVAL TELECOM INC:Starts listing on the Tokyo Stock Exchange(TSE) second section since Aug. 1.  Full Article

FORVAL TELECOM to pay year-end dividend for FY 2014
Tuesday, 20 May 2014 02:00am EDT 

FORVAL TELECOM INC:To pay year-end dividend of 8 yen per share, in line with latest dividend forecast, for fiscal year 2014.Record date March 31 and effective date June 20.  Full Article

FORVAL TELECOM INC Announces Stock Split and Partial Change to Article of Incorporation; Reaffirms Mid-term Dividend Forecast and Amends Year-end Dividend Forecast for FY 2014
Tuesday, 20 Aug 2013 02:30am EDT 

FORVAL TELECOM INC announced that it has decided to split one share of its stock into 100 shares, effective October 1, 2013. After the stock split, the total share outstanding will become 16,693,200. The Company has received approval from the shareholders meeting to make partial change to its article of incorporation. Based on change to article six, the Company will increase total number of authorized shares from 660,000 shares to 66,000,000 shares. The Company has reaffirmed its mid-term dividend forecast of JPY 700.00 per share and amended its year-end dividend forecast from JPY 800.00 per share to JPY 8.00 per share, for the fiscal year ending March 2014.  Full Article

FORVAL TELECOM INC Announces Year-end Dividend Payment for 2013
Thursday, 16 May 2013 02:00am EDT 

FORVAL TELECOM INC announced that it has decided to pay a year-end dividend of JPY 800.00 per share, in line with the last forecast, to all shareholders of record as of March 31, 2013, for the fiscal year ended March 31, 2013. The payment will be conducted on June 21, 2013.  Full Article

FORVAL TELECOM INC to Merge with Subsidiary
Monday, 15 Oct 2012 02:00am EDT 

FORVAL TELECOM INC announced that it has decided to merge with a wholly owned subsidiary, which is engaged in real estate management business, effective December 1, 2012. After this, the Company will be the surviving company and the subsidiary will be dissolved.  Full Article

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