Brief: Ambition says business and capital alliance with Evolable Asia

AirTrip

09/06/2017 10:05

June 9(Reuters) - Ambition Corp  3300.T  
 
    * Says co plans to form a business and capital alliance with 
Evolable Asia Corp  6191.T   
    * Says through the capital alliance, co will issue 337,200 
shares of its common stock to Evolable Asia via private 
placement at the price of 399.9 million yen in total (1,186 yen 
per share), with payment on June 26 
    * Says Evolable Asia will hold 10.1 percent voting power in 
the co 
    * Says through the capital alliance, Evolable Asia will 
provide reservation service in co's hotel accommodations 
business  
 
    Source text in Japanese: https://goo.gl/qcBch2 
https://goo.gl/k1edRF https://goo.gl/1NzxNa 
    Further company coverage: 3300.T  6191.T  
 
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