Japan's NEC sets sale price for 16 mln shares in Nippon Electric Glass

NEC Corp said it has fixed the sale price of 16 mln shares in its subsidiary Nippon Electric Glass Co Ltd at 2,326 yen per share.

The sale would bring in some 16 bln yen in group pretax profit for NEC, but it would have no impact on its earlier group profit forecast, the company said in a statement.
On October 28, it said it expects to post financial year to March 2005 group net profit of 60 bln yen and pre-tax profit of 135 bln on revenue of 4.9 trln.

600450 Japan's NEC sets sale price for 16 mln shares in Nippon Electric Glass glassonweb.com
Date: 15 December 2004
Source: Yahoo

See more news about:

Others also read

The glass sector has the increasingly widespread requirement of having an unlimited catalogue of parametric shapes and creating new ones in a simple way without being an expert in the field.
Shoaib Akhtar is going to be back on Indian TV screens. He is going to be featured in the new TV ad campaign for Asahi Glass.
Glass Confusion is starting the New Year with Beginning Fused Glass group classes. The three-week course will be held Wednesdays from 10 a.m. to 1 p.m. and again from 5 p.m. to 9 p.m.
Worldwide glass-substrate capacity is expected to continue to grow more than 40% each quarter through 2005, as a result of capacity expansion by existing glass-substrate suppliers and new companies joining the market, according to DisplaySearch.
Western Pennsylvania’s once-thriving glassmaking industry is dwindling, as did the domestic steel industry and for many of the same reasons: competition and cost.
Architects Robert and Esteve Terradas of Barcelona describe the city’s newly-renovated and expanded (45,000 m2) Science Museum (completed September 2004) as "a living museum that will set new standards in terms of transparency - a very modern construction that will enable the plants and animals inside to really live and breathe." The project was made possible by the use of an innovative grade of DuPont™ SentryGlas© Plus™ structural interlayer that is "UV-breathable, on the flat roof of an Amazonian rainforest exhibit".The UV-breathable 938 m2 laminated glass roof is rectangular in shape.

Add new comment