Chiyoda Corp (6366.T)
17 May 2019
Latest Key Developments (Source: Significant Developments)
Feb 21 (Reuters) - Chiyoda Corp <6366.T>:Says it will sell 60 percent stake in unit, Xodus Group (Holdings) Limited, which is mainly engaged in oil and gas field development survey, to SUBSEA 7 International Holdings (UK) Limited, effective March 23(Japan time).Says it will decrease voting power in the unit to 40 percent from 100 percent . Full Article
June 30 (Reuters) - Nikkei- :Chiyoda Corp will partner with U.K.'s Subsea 7 for offshore energy projects - Nikkei. Full Article
TOKYO Japanese trading house Mitsubishi Corp and MUFG Bank plan to rescue plant engineering company Chiyoda Corp with a $1.4 billion lifeline, betting on a turnaround fuelled by greater LNG demand, the Nikkei newspaper reported on Monday.