Posts on Nippon Sheet Glass's message board indicate that delisting procedures are progressing and that discussion of sale and cash conversion procedures has intensified. Many posts refer to specific dates and amounts, drawing readers' attention to developments in the process.
The Nippon Sheet Glass message board contains mixed information that the company will be delisted at the end of September, while multiple posts indicate that the delisting date is approaching. Some posts also refer to procedures and the possibility of a purchase in early November, and discuss how shareholders may convert their holdings into cash after the delisting.
There is frequent discussion of limit prices for sales and purchases, including numerous posts about share price levels, such as around ¥500. Opinions are actively being exchanged regarding sales strategies ahead of the delisting date and the terms of any purchase.
There is also discussion of capital gains taxation on unlisted shares, including references to the tax treatment of such gains under income tax and resident tax. Together with discussion of collection timing and procedural details, these posts indicate uncertainty over when holdings can be converted into cash.
Posts also contain practical information, such as when cash conversion procedures may begin after the delisting and when documents and notices may be sent through securities companies. The situation remains one of awaiting further updates.