Taisei Corp (1801.T)

1801.T on Tokyo Stock Exchange

23 Mar 2018
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¥-200 (-3.75%)
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Fri, Mar 23 2018

UPDATE 2-Japan to press charges against 4 firms over maglev train bid-rigging case

* Taisei, Kajima, Obayashi, Shimizu to face charges - regulators

Two arrested in Japanese fast-train bid-rigging case

TOKYO, March 2 A Kajima Corp official and a former executive of Taisei Corp were arrested on Friday as part of an investigation into the suspected rigging of bids for a Japanese high-speed rail project, prosecutors said.

UPDATE 1-Taisei shares fall 4 pct after report on maglev project bid

* Four firms allegedly agreed to collude since around 2011-Yomiuri

Taisei shares fall 4 pct after report on maglev project bid

TOKYO, Dec 20 Shares of Taisei Corp fell more than 4 percent on Wednesday after a media report that the Japanese construction firm had asked rival Obayashi Corp to refrain from bidding on a project for magnetic levitation (maglev) trains.

UPDATE 1-Japanese construction firms targeted in fresh raids

* Taisei and Obayashi raided over suspected antitrust violations

Japan's Taisei Corp raided by prosecutors over alleged antitrust violations

TOKYO, Dec 19 Tokyo prosecutors raided the headquarters of Japan's Taisei Corp on Wednesday over alleged antitrust violations linked to $80 billion worth of magnetic levitation (maglev) train line projects, a company spokesman said.

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