Xyec Holdings Co., Ltd., together with its subsidiaries, provides integrated engineering and IT services primarily for automobile, machinery, telecommunications, and electronics industries in Japan. The company operates through three segments: Engineering Services, IT Services, and IT Solutions. The Engineering Services segment is involved in the software development of automobile electronic control units; and provision of computer aided engineering services, which include design, analysis, and testing of the load condition, material fatigue, and damage tolerance of the components of automobile and aerospace hardware. The IT Services segment offers business-related software development servi...
Keikyu Daijyu Building
Founded in 2005
XYEC Holdings Co., Ltd., Special/Extraordinary Shareholders Meeting, May 10, 2016
Apr 25 16
XYEC Holdings Co., Ltd., Special/Extraordinary Shareholders Meeting, May 10, 2016, at 10:00 Singapore Standard Time. Location: 1 Raffles Place #18-61 Tower 2 Singapore 048616 Singapore Agenda: To consider approval for the proposed delisting.
Xyec Holdings Proposes Voluntary Delisting From Official List Of SGX-ST
Mar 29 16
Xyec Holdings Co., Ltd. (“Company”) announce that the Company is proposing a voluntary delisting of the Company (“Proposed Voluntary Delisting”) from the Official List of the Singapore Exchange Securities Trading Limited (“SGX-ST”) pursuant to Rules 1307 and 1308 of the SGX-ST Listing Manual Section B: Rules of Catalist (“Catalist Rules”). Under Rule 1308(1) of the Catalist Rules, if the Company is seeking to delist from the SGX-ST, a reasonable exit alternative, which should normally be in cash, should be offered to the shareholders of the Company (“Shareholders”). In connection with the Proposed Voluntary Delisting, the Company and Mamezou Holdings Co., Ltd. (“Mamezou” or “Offeror”) wish to jointly announce that the Offeror has presented to the directors of the Company (“Directors”) a formal proposal to make a cash offer (“Exit Offer”) to acquire (a) all the issued ordinary shares in the share capital of the Company. The Directors have noted the Exit Offer and reviewed the Proposed Voluntary Delisting and have resolved that an application be made to the SGX-ST, through the Company’s sponsor, PPCF (as defined below), for the Proposed Voluntary Delisting, and in due course, an extraordinary general meeting of the Company (“EGM”) to be convened to seek the approval of the Shareholders for the Proposed Voluntary Delisting, pursuant to Rule 1307 of the Catalist Rules.
XYEC Holdings Co., Ltd. Announces Unaudited Group Earnings Results for the Six Months Ended September 30, 2015
Nov 5 15
XYEC Holdings Co., Ltd. announced unaudited group earnings results for the six months ended September 30, 2015. For the six months, the company reported revenue of JPY 4,347,896,000 against JPY 4,075,045,000 a year ago. Operating profit was JPY 122,691,000 against JPY 124,087,000 a year ago. Profit before tax was JPY 118,670,000 against JPY 115,074,000 a year ago. Profit for the financial period (net of tax) was JPY 76,614,000 against JPY 70,552,000 a year ago. Profit for the financial period (net of tax) attributable to the equity holders of the parent was JPY 76,397,000 against JPY 71,477,000 a year ago. Net cash flows used in operating activities was JPY 97,146,000 against net cash flows from operating activities of JPY 623,559,000 a year ago. Purchases of property, plant and equipment was JPY 117,318,000 against JPY 2,030,000 a year ago. Purchases of intangible assets were JPY 500,000 against JPY 5,102,000 a year ago. Basic and diluted earnings per share were JPY 0.72 against JPY 0.65 a year ago. Net asset value per ordinary share based on issued share capital as on September 30, 2015 was JPY 19.42 against JPY 19.11 as at 31 March 2015. The company’s total revenue increased by JPY 272,900,000 or 6.7%, mainly due to the increase in revenue from the IT Services segment.