Sumitomo Forestry Corrects Tender Offer Notice for LeTech Corporation

TipRanksApr 8 14:52

LeTech: Revised Extraordinary Report

EDINETApr 3 11:30 · Announcements

LeTech: Extraordinary Report

EDINETApr 3 11:30 · Announcements

Ida ETC [Stocks with potential based on volume changes]

Stock closing prices compared to the previous day Volume*<3497> LeTech 1489161556700 *<3909> Showcase 37036579300 *<1466> iFree J400D Bear 5933618629 *<1569> TPX-1 times 1250.547219300 *<5247> BTM 1399300733000 *<1472> J400 Dub 2341054948 *<7486> Sanrin 654334900 *<6118> Aida 89563121.

Fisco JapanApr 1 06:21

Individual stock information.

The technology succession <319A.T> rebounded significantly for the first time in seven days. Miyazaka Industry (located in Chino City, Nagano Prefecture), which handles centerless grinding, flat grinding processing, and the sale of its own developed products (the "Cok-kun" series), will acquire 100% of its issued Stocks and make it a subsidiary. LeTech <3497.T> (supervised) continues to rise significantly, setting a new high since last year. Sumitomo Forestry <1911.T> is conducting a tender offer (TOB) for the company in two phases. The first TOB price is 686 yen, and it's for agreed-upon Shareholders only.

Kabushiki ShimbunMar 31 15:40

LeTech aligns with Sumitomo Forestry's TOB price of 1500 yen.

The independent Real Estate Developers LeTech <3497.T> surged sharply, updating last year's high. At one point, it reached 1,498 yen, up 170 yen from the previous day. After the market closed on the 28th, Sumitomo Forestry <1911.T> announced that it would carry out a tender offer (Buy) for the shares. Sumitomo Forestry will conduct the tender offer for LeTech in two phases. After the first phase at 686 yen per share with the largest shareholder, the second phase will be at 1,500 yen per share. Compared to the closing price of 1,328 yen on the 28th, this represents a 13.0% premium.

Kabushiki ShimbunMar 31 13:27