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BRIEF-Yamashita Medical Instruments says transition to holding company structure
May 16, 2017 / 7:34 AM / 5 months ago

BRIEF-Yamashita Medical Instruments says transition to holding company structure

May 16 (Reuters) - Yamashita Medical Instruments Co Ltd :

* Says co plans to restructure into holding company structure, effective on Dec. 1

* Says co plans to set up a firm in Fukushima which will be the wholly-owning parent company, on Dec. 1

* One share of co’s stock will be exchanged with one share of new holding company and 2,553,000 shares will be exchanged

* Co will be delisted from TSE on Nov. 28 and new holding company will be listed on TSE on Dec. 1

Source text in Japanese: goo.gl/Q1b5LF

Further company coverage: (Beijing Headline News)

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