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Amazia will record a 13 million yen extraordinary gain from selling Skyfall shares in connection with Skyfall's IPO.
Amazia announced that it will record a 13 million yen gain on the sale of investment securities as an extraordinary profit, following the partial sale of shares in its investee Skyfall in connection with Skyfall's initial public offering. The announcement served as a catalyst for the stock, and Amazia's share price showed a sharp move in morning trading. The announcement was made on September 17, the previous day. The current price is 323 yen, up 8 yen from the previous day's close.
Amazia will record a 13 million yen extraordinary gain from selling Skyfall shares in connection with Skyfall's IPO.
Skyfall Inc.Skyfall is mentioned only as the investee whose IPO triggered Amazia's share sale; no direct impact on Skyfall itself is described.