What's wrong with an all-cash takeover offer at a near 30 per cent premium to the last close? That's the question on Astro Japan Property Group securityholders' minds on Tuesday morning, as they digest news that their company had rejected a $970 million ... ( read original story ...)
Astro Japan pushes off Lone Star, again
Locally listed Astro Japan Property Group has fended off a second approach from private equity player Lone Star Funds to buy out its near $1 billion real estate portfolio. Astro refused to allow an affiliate of Lone Star Fund V access to due diligence ... ( read original story ...)
BRIEF-Astro Japan Property Group response to Lone Star proposal
* Refers to press commentary in relation to a proposal to acquire all of japanese real estate assets of aja * Board did not consider that initial proposal would deliver acceptable value for aja securityholders * Board determined not to grant due diligence ... ( read original story ...)
Japan’s shortage of hotel rooms offers US$100m window of opportunity for Hong Kong asset manager
“Japan has a large number of repeat travellers from greater ... double the size of a normal hotel room. Property prices in Tokyo largely haven’t changed in 30 years, even though they have rebounded over the past two years. The market is still much ... ( read original story ...)
The main feature of the Japan Content Catalog is that it
In addition to providing general information on a wide range of Japanese intellectual property across various genres of creative content, it also provides users with information on which copyright holders contact to obtain commercial usage rights. ( read original story ...)
Overseas investors look to regional Japan
“Japan poses little geopolitical risk ... in Japan says Tatsuya Jibiki from JLL’s Properties and Facilities Management, Asset Services Group. “Property values differ significantly in regional cities, depending on the quality of management operations, ... ( read original story ...)
BRIEF-Daikokuya Holdings unit to sell property located in Chiba prefecture
March 6 Daikokuya Holdings Co Ltd : * Says its unit plans to sell property located in Chiba prefecture at an undisclosed price on March 7 Source text in Japanese: goo.gl/ENylzv Further company coverage: (Beijing Headline News) ( read original story ...)
Forget moving to Canada — it just got easier to become a permanent resident of Japan
Japan’s Ministry of Justice ... advanced specialized/technical activities, and advanced business management activities. Applicants in these categories who scored sufficient points by the system’s rubric were eligible for a preminent resident visa ... ( read original story ...)
Nikkei edges down, but small cap stocks attract buyers
TOKYO, March 7 Japan's Nikkei share average edged down on Tuesday, following Wall Street's lead, with investors deterred by geopolitical tensions after the North Korean missile tests, while buying continued to fuel in into small cap stocks. The Nikkei fell ... ( read original story ...)
Asian shares mostly higher despite pullback on Wall Street
TOKYO — Asian shares were mostly higher on Tuesday with little major news to drive trading. Japan's benchmark edged lower, while Hong Kong's Hang Seng index rose as China's finance minister expressed confidence over the government's ability to handle ... ( read original story ...)
Asian stocks move higher despite pullback from Wall Street
TOKYO - Asian shares were mostly higher on Tuesday with little major news to drive trading. Japan's benchmark edged lower, while Hong Kong's Hang Seng index rose as China's finance minister expressed confidence over the government's ability to handle ... ( read original story ...)
Japan one of the world’s most cash-dependent countries: BOJ report
Japan is one of the most cash-dependent countries in the world, according to a recent Bank of Japan report. The report, based on Bank for International Settlements data for 2015, said the ratio of cash in circulation to nominal gross domestic product was ... ( read original story ...)
Helicopter crash in central Japan mountains kills 9
TOKYO -- Japanese authorities confirmed Monday that all nine people aboard a rescue helicopter that crashed in snow-covered mountains in central Japan have been pronounced dead. The Fire and Disaster Management Agency said in a statement that the nine men ... ( read original story ...)
North Korea Fires Banned Ballistic Missiles Into Sea of Japan
The missiles were launched at about 7:36 a.m. Monday (5:36 p.m. Sunday ET) off North Korea's eastern coast, and traveled about 620 miles, a South Korean military official told NBC News. They landed in the East Sea, which is also called the Sea of Japan ... ( read original story ...)
Japan raps N. Korea over missile launch, seeks to up int'l pressure
according to the Japanese government. To have fuller access to the Kyodo News website, it is necessary to subscribe. We offer a broad range of subscription options depending on your needs. Learn more. ( read original story ...)
North Korea fires four missiles toward Japan, angering Tokyo and South Korea
There may be a higher number of launches that we're not commenting on. But four landed and splashed in the Sea of Japan," Navy Captain Jeff Davis, a Pentagon spokesman, told a news briefing. Condemning the launches as further "provocative behavior," White ... ( read original story ...)