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India

LIXIL Group Corp (5938.T)

5938.T on Tokyo Stock Exchange

1,545JPY
11:30am IST
Change (% chg)

¥-58 (-3.62%)
Prev Close
¥1,603
Open
¥1,578
Day's High
¥1,584
Day's Low
¥1,524
Volume
2,112,700
Avg. Vol
2,172,269
52-wk High
¥2,695
52-wk Low
¥1,270

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Mon, Jan 21 2019

Japan's LIXIL denies report it considered MBO, move to Singapore

TOKYO LIXIL Group Corp on Monday denied a report it had considered delisting from Japan through a management buyout (MBO) and moving its headquarters to Singapore, but investors welcomed the report anyway, sending the stock up 7 percent.

UPDATE 1-Japan's LIXIL denies report it considered MBO, move to Singapore

* Would be rare instance of Japan firm moving overseas (Adds company statement, share price)

Japan's Lixil plotting MBO, moving HQ to Singapore -Nikkei Business

TOKYO, Jan 21 Japan's Lixil Group Corp is looking to delist its shares from Japan through a management buyout (MBO) and move its headquarters to Singapore, Nikkei Business reported on Monday, without citing sources.

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