Market News
Jul. 13, 2024 TSE Cancellation of Designation of Securities Under Supervision (Confirmation): Helios Techno Holding Co.,Ltd.
The designation of Securities Under Supervision (Confirmation) will be cancelled as follows.
1.Issue Name | Helios Techno Holding Co.,Ltd. stock (Code: 6927, Market Segment: Standard Market) |
2.Date of Cancellation of Designation of Securities Under Supervision (Confirmation) |
Jul. 14, 2024(Sun.) |
Reason (Related Clause) |
Due to not having fallen under a case where a special controlling shareholder acquires all shares by means of a demand for share, etc. cash-out, or a case where the company implements a reverse stock split with a split ratio at which the number of all the shares owned by shareholders other than a specified party will be less than one share (the main clause of Rule 604, Paragraph 3 of Enforcement Rules for Securities Listing Regulation Enforcement Rules for Securities Listing Regulations, Rule 604, Paragraph 1, Item (23) and Item (24) of the same paragraph) |
3.Details of Reason | On May 31, 2024, Helios Techno Holding Co.,Ltd. (hereinafter "the Company") announced its approval of a takeover bid to be made by RS Technologies Co.,Ltd. for shares of the Company, which aims for a subsequent delisting of the stock of the Company. As such, based on this announcement, TSE had deemed that the stock of the Company was likely to be delisted, and had designated such stock as Securities Under Supervision (Confirmation). Today, TSE has decided to cancel the designation of Securities Under Supervision (Confirmation) for the Company's stock, because the Company announced the failure of the takeover bid. |
Designation History of Securities Under Supervision & Securities to Be Delisted
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