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Kansai Urban Banking Corp (8545.T)

8545.T on Tokyo Stock Exchange

1,395JPY
20 Nov 2017
Change (% chg)

¥5 (+0.36%)
Prev Close
¥1,390
Open
¥1,388
Day's High
¥1,399
Day's Low
¥1,385
Volume
30,000
Avg. Vol
63,407
52-wk High
¥1,615
52-wk Low
¥1,224

Latest Key Developments (Source: Significant Developments)

Resona Holdings says establishment of holding company
Tuesday, 14 Nov 2017 01:25am EST 

Nov 14 (Reuters) - Resona Holdings Inc <8308.T>:Says a holding company, Kansai Mirai Financial Group, Inc, is established by the co on Nov. 14.Says Minato Bank Ltd <<<8543.T>>> and Kansai Urban Banking Corporation <<<8545.T>>> will become wholly owned units of the holding company via stock swap on April 1, 2018.Previous news was disclosed on Sept. 26.  Full Article

Resona Holdings says business integration between Minato Bank, Kansai Urban Banking and Kinki Osaka Bank
Tuesday, 26 Sep 2017 05:40am EDT 

Sept 26 (Reuters) - Resona Holdings Inc <8308.T>:* Says the six companies, Resona Holdings Inc <8308.T> (Resona Holdings), Sumitomo Mitsui Financial Group Inc <8316.T> (SMFG), Sumitomo Mitsui Banking Corporation (SMBC), Minato Bank Ltd <8543.T>(Minato), Kansai Urban Banking Corporation <8545.T> (Kansai Urban), and The Kinki Osaka Bank Ltd (Kinki Osaka) have respectively resolved to implement a business integration of the three banks, Minato, Kansai Urban and Kinki Osaka, and executed a business integration agreement .* Says Resona Holdings will incorporate the Holding Company, Kansai Mirai Financial Group, Inc in November, and make the capital contribution of approximately 58.7 billion yen to the Holding Company for the payment for the Kinki Osaka Share Transfer, and the Kinki Osaka will be subsidiary of the Holding Company .* Says Resona Bank will make the loan of 27.4 billion yen to the Holding Company.* Resona Holdings will implement the tender offer, of which the offer price is 2,233 yen per share, up to 6.2 million shares of common stock of Minato .* Resona Holdings will implement the tender offer, of which the offer price is 1,503 yen per share, up to 11 million shares of common stock of Kansai Urban.* After completion of the settlement of the tender offers, Resona Holdings will purchase all of the shares of the preferred stock owned by SMBC at 74 billion yen .  Full Article

Japan's SMFG, Resona agree to combine regional lenders
Friday, 3 Mar 2017 02:20am EST 

Sumitomo Mitsui Financial Group Inc <8316.T> and Resona Holdings Inc<8308.T>: Japanese banks Sumitomo Mitsui Financial Group<8316.T> (SMFG) and Resona Holdings Inc<8308.T> have agreed to merge their regional lenders, as they face tough market conditions that are expected to worsen in the future . Under the agreement, the two banks will set up a holding company for their three regional lenders including Minato Bank Ltd <8543.T> and Kansai Urban Banking Corp <8545.T> . Says the holding company will be a consolidated subsidiary of Resona Holdings . Says effective April, 2018 .SMFG said separately it would sell 37.2 million of its shares in a secondary offering.  Full Article

Kansai Urban Banking announces chairman, president and CEO changes
Wednesday, 30 Mar 2016 03:00am EDT 

Kansai Urban Banking Corp:Appoints Kazumasa Hashimoto as the new Chairman of the Board and President in the bank.Says Akira Kitamura will resign from of the position of Chairman of the Board and Chief Executive Officer in the bank.Effective date June 29.  Full Article

BRIEF-Resona Holdings says establishment of holding company

* Says a holding company, Kansai Mirai Financial Group, Inc, is established by the co on Nov. 14