Discovery Of Asia-Pacific Subsidiary Being Subject Of Fraud

Stanley Electric

31/01/2024 06:15

Jan 31 (Reuters) - Stanley Electric Co Ltd  6923.T :
    * STANLEY ELECTRIC CO LTD: DISCOVERY OF ASIA-PACIFIC
SUBSIDIARY
BEING SUBJECT OF FRAUD
    * STANLEY ELECTRIC CO LTD: EXPECTS EXTRAORDINARY LOSS OF
MAXIMUM
3.4 BILLION YEN THIS FISCAL YEAR DUE TO FINANCIAL FRAUD AT
AISA-PACIFIC SUBSIDIARY

Source text for Eikon:  ID:nTSme7f90c 
Further company coverage:  6923.T 

 (Reporting by Tokyo Newsroom)
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