Edition:
India

Sumitomo Forestry Co Ltd (1911.T)

1911.T on Tokyo Stock Exchange

1,250JPY
24 May 2019
Change (% chg)

¥-3 (-0.24%)
Prev Close
¥1,253
Open
¥1,231
Day's High
¥1,254
Day's Low
¥1,225
Volume
456,700
Avg. Vol
540,307
52-wk High
¥2,004
52-wk Low
¥1,225

Latest Key Developments (Source: Significant Developments)

Sumitomo Forestry to issue 2023 due euro-yen denominated convertible bonds with subscription warrants
Tuesday, 11 Sep 2018 

Sept 11 (Reuters) - Sumitomo Forestry Co Ltd <1911.T>:Says it will issue 2023 due euro-yen denominated convertible bonds with subscription warrants, to raise about 10 billion yen.Maturity date on Sept. 27, 2023 .  Full Article

Sumitomo Forestry to issue unsecured corporate bonds worth 30 bln yen in total
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Sumitomo Forestry Co Ltd <1911.T>:Says it plans to issue fourth series unsecured corporate bonds worth 10 billion yen, with interest rate of 0.25 percent and term of 7 years.Says it plans to issue fifth series unsecured corporate bonds worth 10 billion yen, with interest rate of 0.35 percent and term of 10 years.Says it plans to issue sixth series unsecured corporate bonds worth 10 billion yen, with interest rate of 0.7 percent and term of 15 years.Payment date on March 7.  Full Article

Sumitomo Forestry raises 10 bln yen through new share issue
Tuesday, 28 Nov 2017 

Nov 28(Reuters) - Sumitomo Forestry Co Ltd <1911.T>:Says it issued 5.2 million new shares at the price of 1,924 yen per share through private placement to Kumagai Gumi Co Ltd <<<1861.T>>> , and raised 10 billion yen in total, on Nov. 28.  Full Article

Kumagai Gumi says business and capital alliance with Sumitomo Forestry
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Kumagai Gumi Co Ltd <1861.T>:Says it signed business and capital alliance with Sumitomo Forestry Co Ltd <<<1911.T>>> on Nov. 9 .Says two entities will mainly cooperate on afforestation related business, renewable energy business and overseas business .Says it will issue 9.1 million new shares and distribute 310,000 shares of its treasury common stock to Sumitomo Forestry Co Ltd, to raise 34.68 billion yen in total .Payment date on Nov. 28 .Says Sumitomo Forestry Co Ltd will raise voting power in the co to 20 percent after transaction .Says Sumitomo Forestry Co Ltd will issue 5.2 million shares to the co and raise 10 billion yen and payment date on Nov. 28 .Says the co will raise voting power in Sumitomo Forestry Co Ltd to 2.9 percent after transaction .  Full Article

Kumagai Gumi, Sumitomo Forestry announce capital tie-up
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Kumagai Gumi Co Ltd <1861.T>, Sumitomo Forestry Co <1911.T>::announce plans for capital tie-up.Sumitomo Forestry to take 20 percent stake in Kumagai Gumi including by buying new shares.Kumagai Gumi to take 2.85 percent stake in Sumitomo Forestry in third-party allotment of new shares.  Full Article

Sumitomo Forestry partners with Summarecon Agung for housing in Indonesia - Nikkei‍​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Nikkei::Sumitomo Forestry partners with Summarecon Agung to market single-family homes in Indonesia - Nikkei‍​.Sumitomo Forestry to form special-purpose co in January with Summarecon Agung, taking a 49% stake, investment should total about 3.4 billion yen - Nikkei.  Full Article

R&I affirms Sumitomo Forestry's rating at "A" and says stable outlook - R&I
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Sumitomo Forestry Co Ltd <1911.T>:Says Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A" -R&I.Says rating outlook stable -R&I.  Full Article

Grande Asset Hotels and Property says approved JV in Grand Star Co
Thursday, 5 Oct 2017 

Oct 5 (Reuters) - Grande Asset Hotels and Property ::Approved JV in Grand Star Co Ltd between co, Property Perfect Public Co and unit of Sumitomo Forestry Co.JV for development of condominium project; to dispose 1.8 million ordinary shares of Grand Star held by co.  Full Article

Sumitomo Forestry lowers conversion price for 2018 due euro-yen denominated convertible bonds
Friday, 23 Jun 2017 

June 23 (Reuters) - Sumitomo Forestry Co Ltd <1911.T>:* Says it lowered the conversion price for 2018 due euro-yen denominated convertible bonds to 1,854.3 yen per share, from 1,865.7 yen per share, effective April 1.  Full Article