Asset Acquisitions and Disposals::Toray to strategically invest into a leading textiles manufacturer in Hong Kong

Issuer & Securities

Issuer/ Manager
TORAY INDUSTRIES, INC.
Securities
TORAY YEN50B CB190830 - XS1069938741 - 10GB
TORAY YEN50B CB210831 - XS1069939392 - 10HB
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
30-Jun-2017 16:37:44
Status
New
Announcement Sub Title
Toray to strategically invest into a leading textiles manufacturer in Hong Kong
Announcement Reference
SG170630OTHR56HP
Submitted By (Co./ Ind. Name)
Yoshitaka Shimazu
Designation
Manager, Finance Dept.
Effective Date and Time of the event
30/06/2017 16:30:00
Description (Please provide a detailed description of the event in the box below)
Toray Industries, Inc. (head office: Chuo-ku, Tokyo; President: Akihiro Nikkaku) today announced that it has agreed to acquire shares in Pacific Textiles Holdings Ltd. (head office: Hong Kong, Chairman: Wan Wai Loi) to pursue its global strategic expansion and synergy effects through supply chain integration and collaboration.

Attachments

TORAY Disclosure_June 30_ 2017.pdf
Total size =107K