Market News
Oct. 22, 2014 TSE Designation of Securities Under Supervision (Confirmation) -Carview Corporation-
TSE has designated an issue as Securities Under Supervision (Confirmation) as follows.
| 1. Issue Name |
Carview Corporation stock (Code:2155, Market Division: Mothers) |
| 2. Period of Designation as Securities Under Supervision (Confirmation) | From Oct. 22, 2014 (Wed.) to the day when TSE determines whether the company has fallen under the delisting criteria |
| Provision |
Enforcement Rules for Securities Listing Regulations, Rule 605, Paragraph 1, Item 21 (due to falling under making an announcement, etc. that the company will acquire all shares) |
| 3. Reason |
At the board of directors meeting held today, Carview Corporation (hereafter "the Company") adopted a resolution which indicated approval of the planned takeover bid by Yahoo Japan Corporation (Code:4689, Market Division: 1st Section) for shares of the Company. The Company has disclosed that it is scheduled to put forth the following items in the agenda at a general shareholders meeting after the completion of the takeover bid by the bidder. (1) Changing the Company to a company that issues classified shares as specified in the Companies Act; (2) Attaching a clause for acquiring all common shares that are issued by the Company; and (3) In return for acquiring all common shares of the Company, allotting a different class of shares in the Company (as a result, cash payment is scheduled). If the above agenda (1) to (3) are approved in a resolution at the general shareholders meeting of the Company, stocks of the Company will be delisted. As such, TSE deems that it is likely that the stocks of the Company will be delisted, and designates such stocks as Securities Under Supervision (Confirmation). |
- History of Designation of Securities Under Supervision & Securities to Be Delisted
- Designation of Securities Under Supervision and Securities to Be Delisted
DISCLAIMER: This translation may be used for reference purposes only. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. This translation is subject to change without notice. Tokyo Stock Exchange, Inc. and/or Japan Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or changes with regard to this translation.
Contact
Tokyo Stock Exchange, Inc.
Listing Department
Planning & Coordination, Listed Company Services
Phone：+81-3-3666-0141(Switchboard)