Update : Feb. 28, 2012
[Tokyo Stock Exchange, Inc.]
TSE has cancelled the designation of Securities Under Supervision (Confirmation) as follows.
|1. Issue Name||
MET'S CORPORATION stock
(Code: 4744, Market Division: Mothers)
|2.Date of Cancellation of Designation as Securities Under Supervision (Confirmation)||Feb. 25, 2012 (Sat.)|
Securities Listing Regulations, Rule 603, Paragraph 1, Item 6
(Rule 601, Paragraph 1, Item 8 of the same regulations is a related rule.)
(Due to a general shareholders meeting related to dissolution being cancelled in a case where the listed company is to dissolve for reasons other than merger and based on a resolution of the general shareholders meeting.)
TSE has designated the stock of MET'S CORPORATION (hereinafter "the Company") as Securities Under Supervision (Confirmation) on November 14, 2011 (Mon.). This is because, on the same day, the board of directors decided to dissolve the Company on the premise of its shareholders' approval at the general shareholders meeting.
On the other hand, the Company publicized the "Notice on Agreement to Takeover Bid for Common Shares of the Company" dated January 26, 2012 (Thu.). In the notice, the Company disclosed that it would postpone the general shareholders meeting related to such dissolution and cancel the convocation of the postponed general shareholders meeting if this takeover bid was completed.
Today, the Company disclosed that such takeover bid was completed and the board of directors resolved the cancellation of the general shareholders meeting with items regarding the dissolution as resolution items, etc. As such, TSE determined that the designation as Securities Under Supervision (Confirmation) will be cancelled for such stock as of February 25, 2012 (Sat.).
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