Department Stores

Izumi to fully acquire Super Daiei through stock swap; Super Daiei to be delisted from Fukuoka Stock Exchange

Izumi Co Ltd:Izumi Co Ltd to fully acquire Super Daiei Co Ltd through stock swap, with effective on Feb. 18.One share of Super Daiei Co Ltd's stock will be exchanged with 0.04 shares of Izumi Co Ltd's stock.175,404 shares of Izumi Co Ltd's stock will be exchanged.Super Daiei Co Ltd's stock will...

Monday, 30 Nov 2015

Hainan Island Construction to issue shares for stake acquisition and fund raising

Hainan Island Construction Co Ltd:To issue 2,249,297,094 shares at 10.67 yuan per share and pay cash of 2 bln yuan, to a holding company in exchange for 100 pct stake in an industry group company.Transaction price is 26 bln yuan.To issue no more than 1,235,521,235 shares at 12.95 yuan per share...

Monday, 30 Nov 2015

Rainbow Department Store to set up subsidiary

Rainbow Department Store Co Ltd:To invest 350 mln yuan to set up a property subsidiary in Shenzhen, with capital of 10 mln yuan.

Saturday, 28 Nov 2015

Daiwa expects extraordinary profit for Q3 of FY 2016; raises consolidated full-year net profit outlook for FY 2016

Daiwa Co Ltd:Says it expects an extraordinary profit of 917 mln yen recorded as gain on sale of securities for Q3 of fiscal year ending March 2016.Says the company reaffirmed the consolidated full-year outlook for revenue at 49,500 mln yen for the fiscal year ending March 2016.Confirms the operating...

Friday, 27 Nov 2015


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