Notice Concerning Completion of Stock Acquisition and Subscription to Third Party Allotment of Shares
Toppan Printing Co., Ltd (the "Company") announces that it has completed to acquire stock of and subscribe to third party allotment of shares by Max Speciality Films Limited ("MSF"), disclosed in the press release "Notice Concerning Stock Acquisition and Subscription to Third Party Allotment of Shares" on February 10, 2017.
Overview of MSF
(1) Company name
Max Speciality Films Limited
(2) Location
Nawan Shehar, Punjab State, India
(3) Name and title of the representative
Chairman Mohit Talwar
(4) Business description
Manufacturing and selling of BOPP films (for packaging, labels, and book covers)
The impact of this stock acquisition and subscription to the third party allotment of shares on the Group's consolidated business results of financial year ending March 2018 is minor, but the Company will appropriately announce if necessary.
Toppan Printing Co. Ltd. published this content on 07 April 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 April 2017 01:09:11 UTC.
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Toppan Inc. (formerly Toppan Printing Co., Ltd.) specializes in printing services. Net sales break down by activity as follows:
- information and communication media printing (57.6%): smart cards, identity authentication systems, commercial forms, labels, booklets, manuals, lottery tickets, brochures, calendars, books, dictionaries, magazines, catalogs, etc.;
- packaging and industrial materials printing (28.2%): food packaging, card boxes, papers, interior decoration materials, etc.;
- manufacturing of electronic materials (14.2%): semiconductors, filters and antireflection for screens films, etc.
Net sales are distributed geographically as follows: Japan (72.1%), Asia (15.9%) and other (12%).