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Takata shares fall further on bankruptcy fears
Add BT as a preferred sourcePublished Tue, Jun 20, 2017 · 09:50 PM
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Tokyo
TAKATA shares dived again on Tuesday, losing one-third of their value in just two days of trading on reports that the troubled airbag maker will file for bankruptcy protection and sell its assets to a US company.
The embattled stock finished the day at 324 yen (S$4.04), tumbling by nearly 20 per cent - its maximum daily loss limit - on the Tokyo Stock Exchange, after it plunged 16.5 per cent on Monday.
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