A Japan-based asset management company cancelled the acquisition of 9.3% stake in Mirai Industry Co.,Ltd. from three individuals.
May 14, 2018
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A Japan-based asset management company agreed to acquire 9.3% stake in Mirai Industry Co.,Ltd. (NSE:7931) from three individuals on May 15, 2017. The buyer will acquire 2.37 million shares.
A Japan-based asset management company cancelled the acquisition of 9.3% stake in Mirai Industry Co.,Ltd. (NSE:7931) from three individuals on May 15, 2018.
MIRAI INDUSTRY CO., LTD. is a Japan-based company mainly engaged in electric and pipe materials business. The Company operates in two business segments. The Electric and Pipe Materials segment is engaged in the manufacture and sale of electric wires, tubes and accessories, wiring boxes, resin tubes for water and hot water supply, and accessories, as well as the provision of flooring work. The Wiring Accessories segment is engaged in the manufacture and sale of switches, sockets and others. The others business is engaged in the manufacture and sale of work saving equipment, molding dies and resin raw materials, the transportation business, the construction business, the telecommunication business, as well as the cable television (TV) business, among others.