Diversified Trading & Distributing

Kanematsu to offer takeover bid for shares of Kanematsu-NNK

Kanematsu Corp and Kanematsu-NNK Corp:Kanematsu to offer takeover bid to acquire up to 7,835,888 shares in Kanematsu-NNK, at 200 yen per share (1,567,177,600 yen in total) from Nov. 4 to Dec. 16.Kanematsu to hold 21,143 voting rights (51 pct stake) in Kanematsu-NNK up from 13,308 voting rights (32.1...

3:00am EDT

SUMITOMO revises year-end dividend forecast for FY 2015

SUMITOMO CORP:Sees year-end dividend of 25 yen per share, revised from latest forecast of an undetermined value, for fiscal year ending March 2015.

1:00am EDT

CMST Development to establish new subsidiary

CMST Development Co Ltd:Says establishment of a wholly owned subsidiary in Shijiazhuang, with a registered capital of 80 million yuan.The new subsidiary will be mainly engaged in material storage and lifting equipment maintenance service.

Wednesday, 29 Oct 2014 08:00pm EDT

CMST Development announces change of accounting policy

CMST Development Co Ltd:Changed accounting policy based on new accounting standards released by Ministry of Finance, effective July 1.

Wednesday, 29 Oct 2014 08:00pm EDT

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