SFP Holdings Co Ltd (3198.T)
19 Oct 2018
Latest Key Developments (Source: Significant Developments)
Nov 22(Reuters) - SFP Holdings Co Ltd <3198.T>:Says it will repurchase up to 550,000 shares (1.9 percent stake) for up to 1.21 billion yen in total, instead of up to 353,300 shares (1.2 percent stake) for up to 706.6 million yen in total previously .Says it changes share repurchase period to a deadline of Feb. 28, 2018, instead of Dec. 28 previously.Says it changes treasury shares retirement date to March 22, 2018 instead of Jan. 25, 2018 previously.Previous plan was disclosed on Oct. 13. Full Article
Oct 13 (Reuters) - SFP Holdings Co Ltd <3198.T>:Says it will repurchase up to 353,300 shares, representing 1.2 percent of outstanding.Says share repurchase price at up to 706.6 million yen in total.Says repurchase period from Oct. 16 to Dec. 28.Says it will retire the newly repurchased shares on Jan. 25, 2018 . Full Article
HONG KONG (Reuters Breakingviews) - India will test Xiaomi's two-pronged strategy. The Chinese group is known for selling affordable smartphones but even a scaled-down valuation target for its initial public offering hangs on success in more profitable internet services such as music and video streaming. Xiaomi is rolling these offerings out in its top overseas market, but may struggle to make an impact.