Market News
Feb. 13, 2025 TSE De-Designation of Securities Under Supervision (Confirmation): OSAKA YUKA INDUSTRY LTD.
The following issue has been de-designated as Securities Under Supervision (Confirmation).
1.Issue Name | OSAKA YUKA INDUSTRY LTD. stock (Code: 4124, Market Segment: Standard Market) |
2.Date of De-Designation of Securities Under Supervision (Confirmation) |
Feb. 14, 2025 (Fri.) |
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 and Rule 604, Paragraph 1, Item (23) and Item (24) of the Enforcement Rules for Securities Listing Regulations) |
3.Details of Reason | On Dec. 13, 2024, OSAKA YUKA INDUSTRY LTD. (hereinafter "the Company") announced its approval of a takeover bid to be made by Daiseki Co.,Ltd. for shares of the Company, which may result in the 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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