Shinwa Art Auction Co., Ltd. Declares Year End Dividend for the Year Ended May 31, 2017, Payable on August 31, 2017; Provides Year End Dividend Guidance for the Year Ending May 31, 2017
July 24, 2017 at 09:00 am
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Shinwa Art Auction Co., Ltd. declared year end dividend for the year ended May 31, 2017 of JPY 7.20 per share against ¥7 per share paid a year ago, payable on August 31, 2017.
The company provided dividend guidance for the year ending May 31, 2017. For the year, the company expects to pay an year end dividend of JPY 7.20 per share.
Shinwa Wise Holdings Co Ltd is a Japan-based company mainly engaged in auction related business and energy related business. It has two business segments. Art related segment is divided into auction business and private sale and other business. Auction business holds modern art auctions, modern ceramic art auctions and modern art Part II auctions according to the works and price ranges handled. It also holds auctions of postwar and contemporary art, Western art, wine and liquor, MANGA, brand miscellaneous goods, watches, jewelry and others. Private sales and other businesses mainly involve in private sales of asset defense diamonds as well as paintings, which are negotiated transactions other than auctions. The Other Business segment is engaged in the electricity sales business of solar power generation facilities. In Malaysia, the Company is also engaged in the sales business of palm kernel shells (PKS), which are used as fuel for biomass power generation.
Shinwa Art Auction Co., Ltd. Declares Year End Dividend for the Year Ended May 31, 2017, Payable on August 31, 2017; Provides Year End Dividend Guidance for the Year Ending May 31, 2017
SHINWA WISE HOLDINGS CO.,LTD. 
