Stop sell orders are prevailing. The company announced the filing for civil rehabilitation proceedings after the close of trading on the 27th, leading to a rush of sell orders. At the Board of Directors meeting held on the 27th, it was decided to file for civil rehabilitation proceedings, the application was made to the Tokyo District Court, and it was accepted on the same day. Additionally, it was decided to dissolve and liquidate Denkai America Inc., a subsidiary of the company. On the 27th, the Tokyo Stock Exchange decided to delist the company's stock and designated it as a designated stock for liquidation. The delisting date is December 28th.
日本電解---ストップ安売り気配、民事再生手続開始の申立て
Japan Smelter - Stop sell orders, application for civil rehabilitation proceedings commencement.
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