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Line Corp (3938.T)

3938.T on Tokyo Stock Exchange

5,130JPY
11:30am IST
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¥180 (+3.64%)
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¥4,950
Open
¥4,950
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¥5,140
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¥4,950
Volume
563,200
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603,056
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¥5,450
52-wk Low
¥3,490

Latest Key Developments (Source: Significant Developments)

Line to acquire video content distribution platform firm FIVE
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Line Corp <3938.T>:Says it will acquire 100 percent stake in FIVE Inc., which is engaged in development and operation of video content distribution platform for smart phone, with undisclosed price, in Mid-December .  Full Article

Line to raise stake in Snow Corporation to 25 pct for 50 bln won
Monday, 17 Oct 2016 

Line Corp <3938.T> :Says co plans to invest 50 billion won in a South Korea-based firm Snow Corporation, and will hold a 25 percent stake in it up from 0 percent, in mid-Nov..  Full Article

Line to buy 20 pct stake in Yume No Machi Souzou Iinkai for 4 bln yen
Thursday, 13 Oct 2016 

Line Corp <3938.T>: Says it to acquire 2,220,000 ordinary shares (20 percent stake) of Yume No Machi Souzou Iinkai Co Ltd <2484.T> in the middle of October .Says transaction price of about 4 bln yen.  Full Article

Line Corp to raise 25 pct stake in Snow Corp via private placement
Thursday, 29 Sep 2016 

Line Corp <3938.T>: Says the co to buy about 110,000 new shares of Snow Corp in its private placement, to raise stake in it to 25 percent from 0 percent . Says Snow Corp is a wholly owned unit of Naver Corp <035420.KS>, which is engaged in development and operation of APP, based in South Korea .Says payment date in mid October.  Full Article

Line Corp's CFO says co is aiming for net profit in 2016 - Nikkei
Tuesday, 16 Aug 2016 

Nikkei:Line Corp CFO says co is aiming for a net profit in 2016 - Nikkei.  Full Article

Line says to raise 16.55 bln yen via private placement
Friday, 29 Jul 2016 

Line Corp <3938.T>: Says it to issue 5,250,000 shares at the price of 3,151.5 yen per share (16.55 billion yen in total) through private placement to Nomura Securities Co., Ltd and Morgan Stanley & Co. LLC .Says subscription date Aug. 15 and payment date Aug. 16.  Full Article

LINE lists on TSE first section on July 15
Friday, 15 Jul 2016 

LINE Corp <3938.T>:Says it began listing on TSE first section on July 15.  Full Article

Line shares untraded in Tokyo amid heavy buy orders
Friday, 15 Jul 2016 

: Line shares untraded in Tokyo amid heavy buy orders, indicated at 3,630 yen versus IPO price of 3,300 yen Further coverage: Japanese chat app operator Line Corp soars in New York debut [nL4N19Z4K2] (Reporting By Chris Gallagher) ((chris.gallagher@thomsonreuters.com;)).  Full Article

Line Corp ADS open about 28 pct above IPO price in debut
Thursday, 14 Jul 2016 

: Japan's Line Corp's American Depository Shares open at $42 in debut, above IPO price of $32.84 per ADS Further company coverage: [3938.T] [LN.N] ((Bengaluru Newsroom; +1 646 223 8780;)).  Full Article

LINE Announces Pricing of Initial Public Offering
Tuesday, 12 Jul 2016 

Line Corp <3938.T> : Line announces pricing of initial public offering . Pricing of its ipo of 35 million shares consisting of 22 million ADSS offered in u.s. And outside Japan at ¥3,300 per share or $32.84 per ads . Pricing of its initial public offering of 35 million shares consisting of 13 million shares of common stock offered in japan at ¥3,300 per share . Line corp says its adss are expected to begin trading on new york stock exchange on july 14, 2016 under symbol "ln" .Line announces pricing of initial public offering.  Full Article

BRIEF-Line to acquire video content distribution platform firm FIVE

* Says it will acquire 100 percent stake in FIVE Inc., which is engaged in development and operation of video content distribution platform for smart phone, with undisclosed price, in Mid-December