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Daiken Corp (7905.T)

7905.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Daiken says business and capital alliance with ITOCHU
Monday, 3 Sep 2018 

Sept 3 (Reuters) - Daiken Corp <7905.T>:Says it forms business and capital alliance with ITOCHU Corp <<<8001.T>>> on Sept. 3 .Says it will issue 1.9 million shares via private placement to ITOCHU Corp, at the price of 2,240 yen per share, to raise 4.27 billion yen in total.Payment date on Sept. 19 .Says ITOCHU Corp will increase voting power in the company to 35 percent from 28.9 percent .Says two entities will mainly cooperate on renovation business expansion, woody materials business and brand strengthening in China and ASEAN market .  Full Article

Daiken consolidated subsidiary acquires 100 pct stake in Dongwha New Zealand
Tuesday, 1 May 2018 

May 1(Reuters) - Daiken Corp <7905.T>:Says its consolidated subsidiary DAIKEN NEW ZEALAND LIMITED completed acquisition of 100 percent stake in Dongwha New Zealand Limited, effective April 30.Acquisition plan was announced on Sept. 19, 2017.  Full Article