Brief: JIC CEO - Plan To Support Capital Investments Through Buyouts Of JSR, Shinko Electric At Time Of Global Digitization

JSR

20/12/2023 05:17

Dec 20 (Reuters) - JSR Corp  4185.T :
    * JIC CEO:  PLAN TO SUPPORT CAPITAL INVESTMENTS THROUGH
BUYOUTS OF
JSR, SHINKO ELECTRIC AT TIME OF GLOBAL DIGITIZATION
    * JIC CEO: CHIP MATERIALS MAKERS HIGHLY LIKELY TO LOSE
GLOBAL
COMPETITIVENESS IF THEY REMAIN AS THEY ARE
    * JIC CEO:  JSR DEAL LIKELY TO GET CHINESE ANTITRUST
APPROVAL BY
MARCH END OF THIS FINANCIAL YEAR
    * JIC CEO:  HOPE TO EVENTUALLY LIST JSR, SHINKO ELECTRIC
SEPARATELY
    * JIC CEO:  NO PLAN TO COMBINE JSR, SHINKO ELECTRIC
    * JIC CEO:  HOPE TO LIST JSR, SHINKO ELECTRIC WITHIN 10
YEARS
    * JIC CEO:  NO PARTICULAR ISSUES WITH CHINESE ANTITRUST
REGULATOR
OVER JSR, NOT WORRIED

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Further company coverage:  4185.T 

 (Reporting by Satoshi Sugiyama)
 ((Satoshi.Sugiyama@thomsonreuters.com;))