SEIKOH GIKEN Co., Ltd. completed the acquisition of 99.69% stake in Fuji Electronics Industries co.,LTD from Rising Japan Equity Inc and four minority shareholders.
May 31, 2013 at 09:30 am IST
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SEIKOH GIKEN Co., Ltd. (JASDAQ:6834) agreed to acquire 99.69% stake in Fuji Electronics Industries co.,LTD from Rising Japan Equity No. 1 Investment Limited and from four minority shareholders for ¥2.9 billion on May 10, 2013. SEIKOH GIKEN will acquire 27,000 shares of Fuji Electronics. The acquisition will be financed with own funds. The Board of Directors of SEIKOH GIKEN Co., Ltd. resolved the acquisition. The transaction is expected to close by May 31, 2013.
SEIKOH GIKEN Co., Ltd. (JASDAQ:6834) completed the acquisition of 99.69% stake in Fuji Electronics Industries co.,LTD from Rising Japan Equity No. 1 Investment Limited and from four minority shareholders on May 31, 2013.
Seikoh Giken Co Ltd is a Japan-based company mainly engaged in the precision machinery-related and optical product-related business. The Company operates through two business segments. The Precision Machinery-related segment is engaged in the manufacture and sale of precision molded products such as automobile parts and electronic parts, as well as various precision molds and precision metal parts. Optical Product-related segments is engaged in the manufacture and sale of optical components and optical component manufacturing equipment such as optical connectors, cords with optical connectors, optical attenuators, ferrules, and optical connector polishers, optical component shape measuring devices, optical component inspection devices, non-feeding optical transmission devices, optical electric field sensors, high heat resistant lenses and others.
SEIKOH GIKEN Co., Ltd. completed the acquisition of 99.69% stake in Fuji Electronics Industries co.,LTD from Rising Japan Equity Inc and four minority shareholders.