Medical Service Provider CareNet to List on Mothers.Tokyo, Japan, Apr 4, 2007 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) ) - CareNet Co., Ltd., a medical services provider, will list on Tokyo Stock Exchange's Mothers market on April 20, (MTH mth abbr (= month) → m mth abbr (= month) → m mth abbr (= month) → m : 2150). The company will offer 10,000 shares in its initial public offering. Of those 1,000 will be newly issued, the other 9,000 are shares currently held in private. Nomura Securities, the lead underwriter Lead underwriter The head of a syndicate of financial firms that are sponsoring an initial public offering of securities or a secondary offering of securities. Could also apply to bond issues. of the offer, has a green shoe option, allowing it to offer an additional 1,500 existing shares in the event of exceptional demand. The tentative tentative, adj not final or definite, such as an experimental or clinical finding that has not been validated. price range will be announced on April 4 and the fixed offering price will be announced on April 4. The company expects to net 151 million yen from the IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. and plans to use the proceeds as working capital. For the current fiscal year through March 31, 2007, the company forecasts non-consolidated net income of 318 million yen on sales of 2.4 billion yen and earnings per share of 6,604.9 yen. For more information on CareNet (in Japanese), please visit http://www.carenet.com . Copyright [c] 2007 Japan Corporate News Network. All rights reserved. |
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