Japan's Olympus not seeking tie-ups now: report
22.05.2012 0:43 0 views 0 comments
From:
news.yahoo.com
TOKYO (Reuters) - Scandal-tainted Olympus Corp has decided it will not seek alliances to beef up its capital for now and will try to rebuild on its own, the Mainichi newspaper reported on Tuesday. The Japanese endoscope and camera maker, struggling to recover from a $1.7 billion accounting fraud, saw its equity ratio plunge to 4.6 percent as of end-March 2012 from 11 percent a year earlier. Olympus President Hiroyuki Sasa said earlier this month that the company would consider all options to boost capital, including equity tie-ups and third-party share allocations. ...
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| Olympus eyes fresh start, ex-CEO mulls legal threat
20.04.2012 11:12 0 views 0 comments
From:
news.yahoo.com
TOKYO (Reuters) - Shareholders of Olympus Corp approved a new board on Friday, hoping for a fresh start at the camera and medical device maker that hid $1.7 billion of investment losses in Japan's biggest corporate scandal in decades. At a sometimes rowdy extraordinary meeting in a Tokyo hotel, local institutional investors and Olympus' lenders and suppliers voted for a new management slate and approved five years' worth of restated company accounts. ...
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| Olympus: 71 percent approved of Sasa as new president
20.04.2012 11:12 0 views 0 comments
From:
news.yahoo.com
TOKYO (Reuters) - Japan's Olympus Corp said on Friday that 70.74 percent of shareholders who cast votes at its extraordinary shareholders meeting had approved the appointment of incoming president Hiroyuki Sasa. The scandal-hit camera and endoscope maker also said 64.62 percent had approved the appointment of Yasuyuki Kimoto as its new chairman. Kimoto is a former executive from Sumitomo Mitsui Banking Corp, a unit of Sumitomo Mitsui Financial Group . (Reporting by Miki Kayaoka; Editing by Chris Gallagher) Czytaj więcej »
| Olympus eyes fresh start, ex-CEO mulls legal threat
20.04.2012 11:12 0 views 0 comments
From:
news.yahoo.com
TOKYO (Reuters) - Shareholders of Olympus Corp approved a new board on Friday, hoping for a fresh start at the camera and medical device maker that hid $1.7 billion of investment losses in Japan's biggest corporate scandal in decades. At a sometimes rowdy extraordinary meeting in a Tokyo hotel, local institutional investors and Olympus' lenders and suppliers voted for a new management slate and approved five years' worth of restated company accounts. ...
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| Olympus eyes fresh start, ex-CEO mulls legal threat
20.04.2012 7:35 0 views 0 comments
From:
news.yahoo.com
TOKYO (Reuters) - Shareholders of Olympus Corp approved a new board on Friday, hoping for a fresh start at the camera and medical device maker that hid $1.7 billion of investment losses in Japan's biggest corporate scandal in decades. At a sometimes rowdy extraordinary meeting in a Tokyo hotel, local institutional investors and Olympus' lenders and suppliers voted for a new management slate and approved five years' worth of restated company accounts. ...
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