CyberAgent Inc (4751.T)
24 Nov 2017
Latest Key Developments (Source: Significant Developments)
CyberAgent <4751.T>: Says it will set up a wholly owned subsidiary in Tokyo with capitalization of 100 million yen on Dec. 1 .Says it will transfer its point service business to the new unit on Dec. 1. Full Article
Beenos Inc <3328.T>: Says CyberAgent Inc <4751.T> to sell 3.1 million shares of the company .Says CyberAgent's voting rights in the co to decrease to 0 percent from 25.28 percent. Full Article
Cyberagent Inc:Subsidiary MicroAd, lnc. formed a business and capital alliance with SoftBank Inc on April 21.The two companies to cooperate on joint development of new advertising service for smart device.To transfer 693 shares of MicroAd, lnc. to SoftBank Inc, cutting stake in MicroAd, lnc. to 68.92 pct (2,807 shares) from 88.59 pct (3,500 shares).To hold 20.01 pct stake in SoftBank Inc by acquiring new shares through private placement.Stock transfer date on May 31. Full Article
Internet security company FireEye Inc reported better-than-expected quarterly revenue as the company benefited from its shift to a subscription and service-based model, sending its shares up 6.5 percent in after-market trading on Tuesday.