Kumiai Chemical Industry Co., Ltd.TSE: 4996

Announcement of Determination of Share Exchange Ratios in Simplified Share Exchanges

· Issued by Kumiai Chemical Industry Co., Ltd. via TDnet

Filed with TSE · · 3 pages · English

Summary by 6ix AI

Kumiai Chemical Industry Co., Ltd. has announced the determination of share exchange ratios for simplified share exchanges involving three subsidiaries, Ihara Construction Industry Co., Ltd., KUMIKA LOGISTICS CO., LTD., and NIHON PRINTING INDUSTRY CO., LTD. The share exchange ratios have been calculated based on agreements with the subsidiaries, with specific ratios for each company outlined in the filing. The total number of shares to be delivered in the exchanges is expected to be significant, all sourced from the company's treasury shares. The filing also details the calculation method used to determine these ratios, referencing the average share price of the company's common shares.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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