CSK Holdings financial definition of CSK Holdings
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ISO 4217 code for the Czechoslovak koruna. The koruna was introduced in 1945, after the end of World War II. As Czechoslovakia was under Communist rule for much of the latter half of the 20th century, the koruna was under tight government control. The currency
was replaced by the Czech koruna
and the Slovak koruna
in 1993, when Czechoslovakia split into two countries.
References in periodicals archive
Iwai offered the best terms to CSK Holdings
, which has been soliciting bids from multiple potential purchasers via a bidding process it organized, the sources said.
The losses would cause CSK Holdings to develop a negative net worth of some 30 billion yen, unless the planned capital-enhancing steps were taken, it said.
CSK Holdings will float and sell 16 billion yen in preferred shares and 6 billion yen in warrants to ACA Inc., a Tokyo-based investment company affiliated with trading house Sumitomo Corp.