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Stock Market & Financial Investment News

News Breaks
February 26, 2014
08:33 EDTJSTJinpan increases quarterly dividend 33% to 4c per share
Jinpan has approved a quarterly cash dividend of 4c per common share for the year 2014, up 33% from 3c in 2013 for a new annual dividend rate of 16c per common share. The first quarterly cash dividend of 2014 will be payable March 28 to shareholders of record at the close of business on March 12.
News For JST From The Last 14 Days
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November 10, 2014
08:31 EDTJSTJinpan engages Duff & Phelps as financial advisor
Jinpan announced that its special committee of the company's board has retained Duff & Phelps, LLC as its independent financial advisor. As previously announced, the company's board formed the Special Committee to review and evaluate the preliminary, non-binding proposal letter dated September 21, 2014 from Zhiyuan Li, the Company's Chairman of the board, President, and Chief Executive Officer and FNOF E&M Investment Limited, to acquire all of the outstanding common shares of the Company not currently owned by the Buyer Parties in a going private transaction.

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