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Sharp Corp (SHCAY.PK)

SHCAY.PK on OTC Markets Group

3.74USD
12:45pm EDT
Change (% chg)

$0.07 (+2.02%)
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$3.67
Open
$3.70
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$3.74
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$3.70
Volume
153,076
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194,371
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$3.87
52-wk Low
$0.86

Latest Key Developments (Source: Significant Developments)

Sharp says unit SEC to merge US unit SEMA
Thursday, 16 Mar 2017 03:15am EDT 

Sharp Corp <6753.T> : Says co's wholly owned unit Sharp Electronics Corporation (SEC) plans to merge SEC's wholly owned US-based unit Sharp Electronics Manufacturing Company of America Inc (SEMA), in April .Says the unit SEMA will be dissolved after transaction.  Full Article

Sharp to start producing parts for smartphone cameras at plant complex in Kameyama - Nikkei
Tuesday, 14 Mar 2017 01:13pm EDT 

Nikkei: Sharp Corp will start producing parts for smartphone cameras at its plant complex in Kameyama - Nikkei .President Tai Jeng-Wu said Sharp will consider resuming dividend payments in the year through March 2018 - Nikkei.  Full Article

Foxconn is considering parting with roughly 1 pct interest in Sharp as soon as this year - Nikkei
Thursday, 2 Mar 2017 12:05pm EST 

Nikkei:Taiwan's Hon Hai Precision Industry is considering parting with a roughly 1 pct interest in sharp as soon as this year - Nikkei.  Full Article

Sharp to form business alliance with Fabrigene Limited after restructuring of healthcare medical business
Friday, 24 Feb 2017 02:50am EST 

Sharp Corp <6753.T>: Says the co plans to split its part of healthcare medical business and properties, to restructure them into three wholly owned units, a Hyogo-based medical equipment firm, Sharp Healthcare and Medical (U.K.) Limited and Lacamas Life Sciences, Inc. . Says the co plans to transfer the three units to its wholly owned subsidiary Sharp Healthcare and Medical Company KY and it will play the role of the holdings company of the three units . Says Sharp Healthcare and Medical Company KY will issue 208.7 million new shares to a Cayman Islands-based firm, Fabrigene Limited, for $25 million . Says Sharp Corp and Fabrigene Limited will hold 48.8 percent and 51.2 percent stake in Sharp Healthcare and Medical Company KY respectively after the restructuring and the transaction .Says effective date on March 31.  Full Article

Sharp to dissolve JV established with Dai Nippon Printing
Thursday, 9 Feb 2017 02:00am EST 

Sharp Corp <6753.T> : Says co plans to dissolve the color filter manufacturing JV established with Dai Nippon Printing Co Ltd <7912.T> in late February . Says co and Dai Nippon Printing are holding 50.1 percent stake and 49.9 percent stake in the JV respectively .Says liquidation is expected to be completed in May.  Full Article

Sharp unit to buy Fritz Schumacher AG for 17.2 mln Swiss franc
Wednesday, 8 Feb 2017 02:05am EST 

Sharp Corp <6753.T> :Says its unit Sharp Electronics(Europe) GmbH plans to fully acquire 100 percent stake of shares in Fritz Schumacher AG for 17.2 million Swiss franc, on Feb. 8.  Full Article

Samsung Elec says TV panel supply disrupted as Sharp halts supply
Monday, 23 Jan 2017 09:01pm EST 

: Samsung Electronics Co Ltd <005930.KS> says Sharp Corp <6753.T> halted TV panel supply without prior consultations . Says discontinuation has caused a supply disruption for some TV panels . Says to adopt high-end features in low-end smartphones to compete with Chinese rivals Further company coverage: [005930.KS] (Reporting by Hyunjoo Jin) ((hyunjoo.jin@thomsonreuters.com;)).  Full Article

Sharp unit SEC receives lawsuit from Allstate Vehicle and Property Insurance Company for claiming damage
Wednesday, 11 Jan 2017 02:00am EST 

Sharp Corp <6753.T> : Says Allstate Vehicle and Property Insurance Company files a lawsuit against Electrolux North America and co's unit Sharp Electronics Corporation (SEC) .Allstate Vehicle and Property Insurance Company claims$99,608.38 as compensation for damages from SEC.  Full Article

Sharp's unit reaches settlement in US
Tuesday, 10 Jan 2017 02:29am EST 

Sharp Corp <6753.T> : Says its household appliance sales unit Sharp Electronics Corporation (SEC) reaches settlement with plaintiffs in five lawsuits .Says SEC will pay plaintiffs totaling $1.18 million as settlement.  Full Article

Sharp says business alliance with Skytec Group and acquisition of shares of SKYTEC UMC
Thursday, 22 Dec 2016 02:57am EST 

Sharp Corp <6753.T>: says it has decided to conduct a new business alliance with Skytec Group Limited (“Skytec”) in order to promote the manufacturing and sale of Sharp brand products and services and enhance the Sharp brand in Europe, and to acquire from Skytec the SKYTEC UMC LTD(“SUMC”) shares possessed by Skytec and thereby make SUMC Sharp’s subsidiary .Says it will hold 56.7 percent voting rights in SKYTEC UMC expected on Feb. 10, 2017.  Full Article

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