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Takata shares fall further on bankruptcy fears

Published Tue, Jun 20, 2017 · 09:50 PM

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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Companies & Markets

Companies & Markets

Takata shares fall further on bankruptcy fears

Companies & Markets

Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early

Yeo Guat Kwang, John Chen retiring from corporate boards

US: Wall St opens higher

Air China orders homegrown C919s in challenge to jet duopoly

HCA beats first-quarter profit estimates on higher patient admissions

F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years

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