Chiyoda Corp (6366.T)
Latest Key Developments (Source: Significant Developments)
May 9 (Reuters) - Mitsubishi Corp <8058.T>: :ANNOUNCES RESOLUTION ON FINANCIAL REINFORCEMENT PLAN FOR CHIYODA CORPORATION.TO SUBSCRIBE TO 70 BILLION YEN OF CHIYODA CORP A-CLASS PREFERRED SHARES AT 400 YEN A SHARE THROUGH THIRD-PARTY ALLOTMENT.TO LOAN 90 BILLION YEN TO CHIYODA CORP.HAS OPTION OF CONVERTING PREFERRED SHARES IN CHIYODA CORP TO COMMON STOCK AFTER JULY 1.WILL BE TREATING CHIYODA AS CONSOLIDATED SUBSIDIARY ONCE THE NECESSARY APPROVALS ARE OBTAINED. Full Article
KAWASAKI, Japan, June 25 Japan's Chiyoda Corp and its partners said on Thursday that their pilot hydrogen project, using imported hydrogen from Brunei, has begun providing clean fuel for the gas turbine power generators of Toa Oil Co in Kawasaki, near Tokyo.