Press Release: Mitsubishi Electric Logistics Corporation Becomes Seino Subsidiary and Renamed MD LOGIS CORPORATION

Dow Jones

2024/10/01

SEINO HOLDINGS CO., LTD. (TOKYO and NAGOYA: 9076) and Mitsubishi Electric Corporation (TOKYO: 6503) announced today their completion of a share transaction under which Seino acquired 66.6 percent of the common shares of Mitsubishi Electric Logistics Corporation from Mitsubishi Electric, as previewed in a joint announcement on June 18 ("Mitsubishi Electric Logistics Corporation to Become Seino Subsidiary"). Following the share transfer, the company was renamed MD LOGIS CORPORATION.

Seino and Mitsubishi Electric now respectively hold 66.6% and 33.4% of the voting rights in MD LOGIS, which has become a subsidiary of Seino and an equity-method affiliate of Mitsubishi Electric, effective today.

The name change was approved at a Mitsubishi Electric Logistics shareholders' meeting on September 27 following a partial amendment of the company's articles of incorporation.

For the full text, please visit: www.MitsubishiElectric.com/news/

View source version on businesswire.com: https://www.businesswire.com/news/home/20240930473445/en/

SEINO HOLDINGS CO., LTD. (TOKYO and NAGOYA: 9076) and Mitsubishi Electric Corporation (TOKYO: 6503) announced today their completion of a share transaction under which Seino acquired 66.6 percent of the common shares of Mitsubishi Electric Logistics Corporation from Mitsubishi Electric, as previewed in a joint announcement on June 18 ("Mitsubishi Electric Logistics Corporation to Become Seino Subsidiary"). Following the share transfer, the company was renamed MD LOGIS CORPORATION.

Seino and Mitsubishi Electric now respectively hold 66.6% and 33.4% of the voting rights in MD LOGIS, which has become a subsidiary of Seino and an equity-method affiliate of Mitsubishi Electric, effective today.

The name change was approved at a Mitsubishi Electric Logistics shareholders' meeting on September 27 following a partial amendment of the company's articles of incorporation.

For the full text, please visit: www.MitsubishiElectric.com/news/

View source version on businesswire.com: https://www.businesswire.com/news/home/20240930473445/en/

(END) Dow Jones Newswires

October 01, 2024 02:40 ET (06:40 GMT)

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(TOKYO and NAGOYA: 9076) and Mitsubishi Electric Corporation (TOKYO: 6503) announced today their completion of a share transaction under which Seino acquired 66.6 percent of the common shares of Mitsubishi Electric Logistics Corporation from Mitsubishi Electric, as previewed in a joint announcement on June 18 (\"Mitsubishi Electric Logistics Corporation to Become Seino Subsidiary\"). Following the share transfer, the company was renamed MD LOGIS CORPORATION. \n</p>\n<p>\n     Seino and Mitsubishi Electric now respectively hold 66.6% and 33.4% of the voting rights in MD LOGIS, which has become a subsidiary of Seino and an equity-method affiliate of Mitsubishi Electric, effective today. \n</p>\n<p>\n     The name change was approved at a Mitsubishi Electric Logistics shareholders' meeting on September 27 following a partial amendment of the company's articles of incorporation. \n</p>\n<p>\n     For the full text, please visit: www.MitsubishiElectric.com/news/ \n</p>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20240930473445/en/ \n</p>\n<p>\n     SEINO HOLDINGS CO., LTD. (TOKYO and NAGOYA: 9076) and Mitsubishi Electric Corporation (TOKYO: 6503) announced today their completion of a share transaction under which Seino acquired 66.6 percent of the common shares of Mitsubishi Electric Logistics Corporation from Mitsubishi Electric, as previewed in a joint announcement on June 18 (\"Mitsubishi Electric Logistics Corporation to Become Seino Subsidiary\"). Following the share transfer, the company was renamed MD LOGIS CORPORATION. \n</p>\n<p>\n     Seino and Mitsubishi Electric now respectively hold 66.6% and 33.4% of the voting rights in MD LOGIS, which has become a subsidiary of Seino and an equity-method affiliate of Mitsubishi Electric, effective today. \n</p>\n<p>\n     The name change was approved at a Mitsubishi Electric Logistics shareholders' meeting on September 27 following a partial amendment of the company's articles of incorporation. \n</p>\n<p>\n     For the full text, please visit: www.MitsubishiElectric.com/news/ \n</p>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20240930473445/en/ \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 01, 2024 02:40 ET (06:40 GMT)\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: Mitsubishi Electric Logistics Corporation Becomes Seino Subsidiary and Renamed MD LOGIS CORPORATION</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: Mitsubishi Electric Logistics Corporation Becomes Seino Subsidiary and Renamed MD LOGIS CORPORATION\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-10-01 14:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     SEINO HOLDINGS CO., LTD. (TOKYO and NAGOYA: 9076) and Mitsubishi Electric Corporation (TOKYO: 6503) announced today their completion of a share transaction under which Seino acquired 66.6 percent of the common shares of Mitsubishi Electric Logistics Corporation from Mitsubishi Electric, as previewed in a joint announcement on June 18 (\"Mitsubishi Electric Logistics Corporation to Become Seino Subsidiary\"). Following the share transfer, the company was renamed MD LOGIS CORPORATION. \n</p>\n<p>\n     Seino and Mitsubishi Electric now respectively hold 66.6% and 33.4% of the voting rights in MD LOGIS, which has become a subsidiary of Seino and an equity-method affiliate of Mitsubishi Electric, effective today. \n</p>\n<p>\n     The name change was approved at a Mitsubishi Electric Logistics shareholders' meeting on September 27 following a partial amendment of the company's articles of incorporation. \n</p>\n<p>\n     For the full text, please visit: www.MitsubishiElectric.com/news/ \n</p>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20240930473445/en/ \n</p>\n<p>\n     SEINO HOLDINGS CO., LTD. (TOKYO and NAGOYA: 9076) and Mitsubishi Electric Corporation (TOKYO: 6503) announced today their completion of a share transaction under which Seino acquired 66.6 percent of the common shares of Mitsubishi Electric Logistics Corporation from Mitsubishi Electric, as previewed in a joint announcement on June 18 (\"Mitsubishi Electric Logistics Corporation to Become Seino Subsidiary\"). Following the share transfer, the company was renamed MD LOGIS CORPORATION. \n</p>\n<p>\n     Seino and Mitsubishi Electric now respectively hold 66.6% and 33.4% of the voting rights in MD LOGIS, which has become a subsidiary of Seino and an equity-method affiliate of Mitsubishi Electric, effective today. \n</p>\n<p>\n     The name change was approved at a Mitsubishi Electric Logistics shareholders' meeting on September 27 following a partial amendment of the company's articles of incorporation. \n</p>\n<p>\n     For the full text, please visit: www.MitsubishiElectric.com/news/ \n</p>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20240930473445/en/ \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 01, 2024 02:40 ET (06:40 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4196","symbol_name":"保健护理服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2472731448","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2472731448","pubTimestamp":1727764800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Seino and Mitsubishi Electric now respectively hold 66.6% and 33.4% of the voting rights in MD LOGIS, which has become a subsidiary of Seino and an equity-method affiliate of Mitsubishi Electric, effective today.SEINO HOLDINGS CO., LTD.  and Mitsubishi Electric Corporation  announced today their completion of a share transaction under which Seino acquired 66.6 percent of the common shares of Mitsubishi Electric Logistics Corporation from Mitsubishi Electric, as previewed in a joint announcement on June 18 . Following the share transfer, the company was renamed MD LOGIS CORPORATION.The name change was approved at a Mitsubishi Electric Logistics shareholders' meeting on September 27 following a partial amendment of the company's articles of incorporation.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4196":"保健护理服务","MD":"Pediatrix Medical","BK4182":"重型电气设备","NEX.SI":"绿达环球有限公司","BK6039":"环境与设施服务","BK6520":"工商业服务概念","MIELY":"三菱电机"},"translate_title":"新闻稿：三菱电机物流公司成为Seino子公司并更名为MD LOGIS CORPORATION","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MD":1,"NEX.SI":1,"MIELY":0.9},"content_text":"SEINO HOLDINGS CO., LTD. (TOKYO and NAGOYA: 9076) and Mitsubishi Electric Corporation (TOKYO: 6503) announced today their completion of a share transaction under which Seino acquired 66.6 percent of the common shares of Mitsubishi Electric Logistics Corporation from Mitsubishi Electric, as previewed in a joint announcement on June 18 (\"Mitsubishi Electric Logistics Corporation to Become Seino Subsidiary\"). Following the share transfer, the company was renamed MD LOGIS CORPORATION. \n\n\n     Seino and Mitsubishi Electric now respectively hold 66.6% and 33.4% of the voting rights in MD LOGIS, which has become a subsidiary of Seino and an equity-method affiliate of Mitsubishi Electric, effective today. \n\n\n     The name change was approved at a Mitsubishi Electric Logistics shareholders' meeting on September 27 following a partial amendment of the company's articles of incorporation. \n\n\n     For the full text, please visit: www.MitsubishiElectric.com/news/ \n\n\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20240930473445/en/ \n\n\n     SEINO HOLDINGS CO., LTD. (TOKYO and NAGOYA: 9076) and Mitsubishi Electric Corporation (TOKYO: 6503) announced today their completion of a share transaction under which Seino acquired 66.6 percent of the common shares of Mitsubishi Electric Logistics Corporation from Mitsubishi Electric, as previewed in a joint announcement on June 18 (\"Mitsubishi Electric Logistics Corporation to Become Seino Subsidiary\"). Following the share transfer, the company was renamed MD LOGIS CORPORATION. \n\n\n     Seino and Mitsubishi Electric now respectively hold 66.6% and 33.4% of the voting rights in MD LOGIS, which has become a subsidiary of Seino and an equity-method affiliate of Mitsubishi Electric, effective today. \n\n\n     The name change was approved at a Mitsubishi Electric Logistics shareholders' meeting on September 27 following a partial amendment of the company's articles of incorporation. \n\n\n     For the full text, please visit: www.MitsubishiElectric.com/news/ \n\n\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20240930473445/en/ \n\n\n  (END) Dow Jones Newswires\n\n\n  October 01, 2024 02:40 ET (06:40 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}