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Kito Corp (6409.T)

6409.T on Tokyo Stock Exchange

1,698JPY
6:00am GMT
Change (% chg)

¥8 (+0.47%)
Prev Close
¥1,690
Open
¥1,705
Day's High
¥1,714
Day's Low
¥1,688
Volume
100,300
Avg. Vol
148,357
52-wk High
¥1,752
52-wk Low
¥1,016

Latest Key Developments (Source: Significant Developments)

KONECRANES FINANCE CORPORATION to cut stake in Kito to 0.4 pct from 22.7 pct
Tuesday, 27 Sep 2016 

Kito Corp <6409.T>: Says KONECRANES FINANCE CORPORATION to cut stake in the co to 0.4 percent from 22.7 percent .Says effective date Sep. 30.  Full Article

Kito cancels business and capital alliance with KONECRANES PLC and KONECRANES FINANCE CORPORATION
Monday, 26 Sep 2016 

Kito Corp <6409.T>: Says it canceled business and capital alliance with two Finland firms KONECRANES PLC and KONECRANES FINANCE CORPORATION on Sep. 26 .Says the co to use up to 6 billion yen to buy back up to 5.95 million shares from two Finland-based firms on Sep. 27.  Full Article

KITO completes acquisition of Australian company PWB Anchor Limited
Monday, 2 May 2016 

KITO CORP:On April 29, Kito executed a transfer of stock from Industrial Development Corporation of South Africa Limited, purchasing all the shares of Australian company Scaw Metals Pty. Ltd., which holds 100 pct stake of PWB Anchor Limited (PWBA).Says PWBA is a leading distributor for Kito in Australia, selling hoists and other Kito brand products, and manufactures chain products.Says transaction price for Scaw Metals is $6 mln (511 mln yen), (including expense).  Full Article

KITO completes acquisition of chain business via unit
Tuesday, 2 Feb 2016 

KITO CORP:Says completes acquisition of chain and related business from Weissenfels Tech Chains through the co's wholly owned unit KITO Chain Italia, on Feb. 1.Acquisition amount is 6.5 million euro.  Full Article