Tires & Rubber Products

DRB Holding to acquire stake in DRB International

DRB Holding Co.,Ltd:To acquire 30 mln shares of DRB International Co.,Ltd, which is engaged in real estate business.Transaction price of 15 bln won.To hold 100 pct stake (40,000,000 shares) in the target company, after the transaction.Expected transaction settlement date of June 30.

12:58pm IST

Toyo Tire & Rubber announces notice of interim research report from external research team

Toyo Tire & Rubber Co Ltd:Received interim research report from external research team regarding seismic isolation rubber products failing to comply with evaluation standards.Says an employee who was responsible for the production and performance testing of seismic isolation laminated rubber,...

Friday, 24 Apr 2015

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