Mitsui O.S.K. Lines, Ltd. (TSE:9104), Toho Gas Co., Ltd. (TSE:9533) and Hokuriku Electric Power Company (TSE:9505) agreed to acquire a 25% stake in Formosa 1 International Investment Co., Ltd. from Macquarie Corporate Holdings Pty Limited on March 4, 2022. Mitsui O.S.K. Lines, Ltd. (TSE:9104), Toho Gas Co., Ltd. (TSE:9533) and Hokuriku Electric Power Company (TSE:9505) has formed a special purpose company (SPC) and will own 37.5%, 37.5% and 25.0% of the shares respectively. The transaction is expected to complete after all the necessary procedures including approvals from the Taiwanese authorities.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
3,343 JPY | +0.66% | +0.84% | +13.51% |
Mar. 20 | Mitsubishi Teams Up with Engie and Others For Global e-NG Coalition | MT |
Mar. 19 | Mitsubishi, 7 others to form coalition to promote electric natural gas | RE |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
4,612 JPY | -1.20% | -1.07% | 11.38B | ||
800.9 JPY | +2.01% | +1.62% | 1.09B | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+13.51% | 2.33B | |
-25.63% | 20.94B | |
+2.04% | 17.84B | |
+12.03% | 14.23B | |
-5.87% | 12.14B | |
+6.11% | 9.31B | |
+0.80% | 7.33B | |
-1.52% | 6.94B | |
+5.93% | 6.4B | |
-8.43% | 5.04B |
- Stock
- Equities
- Stock Toho Gas Co., Ltd. - Japan Exchange
- News Toho Gas Co., Ltd.
- Mitsui O.S.K. Lines, Ltd., Toho Gas Co., Ltd. and Hokuriku Electric Power Company agreed to acquire a 25% stake in Formosa 1 International Investment Co., Ltd. from Macquarie Corporate Holdings Pty Limited.