In today’s briefing:
- Toyo Construction (1890) Investors/Traders Beware
Toyo Construction (1890) Investors/Traders Beware
- On 13 December, Toyo Construction (1890 JP) suitor YFO issued a press release which was not to the liking of Toyo Construction. A day later, Toyo Construction offered its own.
- YFO responded on the 21st, saying ToyoKen’s PR was inaccurate. Not quite a week after that, ToyoKen announced one tiny subsidiary(Tecos) would absorb another (portable toilet rental co Orient Ecology).
- Synergies? None. Growth? None. Scale? Nope. Was this for some other reason investors need to worry about? Maybe.
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