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Daido Metal Co Ltd (7245.T)

7245.T on Tokyo Stock Exchange

956JPY
21 Sep 2018
Change (% chg)

¥16 (+1.70%)
Prev Close
¥940
Open
¥947
Day's High
¥957
Day's Low
¥940
Volume
733,000
Avg. Vol
306,757
52-wk High
¥1,458
52-wk Low
¥885

Latest Key Developments (Source: Significant Developments)

Daido Metal to issue and distribute shares to raise up to 8.88 bln yen
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Daido Metal Co Ltd <7245.T>:Says it will issue 1.6 million shares via public offering and 1 million shares via private placement .Says it will distribute 5.1 million shares of its treasury common stock through public offering .Says it aims to raise up to 8.88 billion yen in total, to invest unit and equipments as well as repay loans .  Full Article

Daido Metal to acquire 30 pct stake in Germany-based co NPR of Europe GmbH from Nippon Piston Ring
Friday, 27 Jul 2018 

July 27 (Reuters) - Daido Metal Co Ltd <7245.T>:Says it will acquire 30 percent stake in Germany-based company NPR of Europe GmbH, which is engaged in sale of automobile related products, from Nippon Piston Ring Co Ltd <<<6461.T>>>, effective Oct. 1 .  Full Article

Daido Metal to set up unit in Thailand
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Daido Metal Co Ltd <7245.T> ::Says it plans to set up a 99.9 percent stake owned subsidiary, named as DM Casting Technolog (Thailand) Co Ld, with registered capital of 200 million baht, in January .New unit will be mainly engaged in manufacture of aluminum die-cast products .  Full Article

Daido Metal signs basic agreement to acquire interest in NPR of Europe GmbH
Friday, 22 Dec 2017 

Dec 22(Reuters) - Daido Metal Co Ltd <7245.T>:Says it signed a basic agreement with Nippon Piston Ring Co Ltd <<<6461.T>>>, to acquire a part of interest in Germany-based firm NPR of Europe GmbH, which is a wholly owned unit of Nippon Piston Ring Co Ltd .  Full Article