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Oki Electric Industry Co Ltd (6703.T)

6703.T on Tokyo Stock Exchange

1,605JPY
18 Dec 2017
Change (% chg)

¥8 (+0.50%)
Prev Close
¥1,597
Open
¥1,612
Day's High
¥1,618
Day's Low
¥1,602
Volume
282,600
Avg. Vol
475,493
52-wk High
¥1,768
52-wk Low
¥1,426

Latest Key Developments (Source: Significant Developments)

Oki Electric Industry says takeover bid for shares of Oki Electric Cable
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Oki Electric Industry Co Ltd <6703.T>:Says co plans to offer a takeover bid for 2.3 million shares (or no less than 1.2 million shares) of Oki Electric Cable Co Ltd <<<5815.T>>> (target firm).Offered purchase price at 3,650 yen per share and takeover bid total amount at 8.41 billion yen .Offering period from Nov. 1 to Dec. 18.Settlement starts on Dec. 25.Says co is directly holding 36.2 voting power in target firm and co plans to fully acquire target firm .  Full Article

Nippon Avionics unit to sell lands and printed wiring board business
Thursday, 7 Jul 2016 

Nippon Avionics Co Ltd <6946.T>: Says its Yamanashi-based unit, which is engaged in production of printed wiring board, will sell Yamanashi-located land to Central Japan Railway Co <9022.T> . Says the unit will get 7.39 billion yen as compensation . Says the unit will sell the printed wiring board business to Oki Electric Industry Co Ltd <6703.T> and its two wholly owned units, effective March 31, 2018 .Says the selling price is not disclosed.  Full Article

Oki Electric Industry announces change of chairman and Executive President
Wednesday, 24 Feb 2016 

Oki Electric Industry Co Ltd:Appoints Hideichi Kawasaki who is current Executive President of the co as new chairman of the board.Appoints Shinya Kamagami as new Executive President to replace Hideichi Kawasaki.Says changes effective on April 1.  Full Article

R&I affirms Oki Electric Industry's rating at "BBB-" and announces stable outlook
Wednesday, 20 Jan 2016 

Oki Electric Industry Co Ltd:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB-".Rating outlook stable.  Full Article

BRIEF-Oki Electric Industry says takeover bid for shares of Oki Electric Cable

* Says co plans to offer a takeover bid for 2.3 million shares (or no less than 1.2 million shares) of Oki Electric Cable Co Ltd (target firm)