Brief: Asahi Holdings to issue new shares and to distribute treasury common stock

ARE Holdings

14/11/2017 07:44

Nov 14(Reuters) - Asahi Holdings Inc  5857.T  
     
    * Says it plans to issue 2.7 million new shares and to 
distribute 
3.4 million shares of its treasury common stock through public 
offering  
    * Says it plans to issue 880,000 new shares through private 
placement to Daiwa Securities Co. Ltd., with subscription date 
on Jan. 5, 2018 and payment date on Jan. 9, 2018 
    * Proceeds to be mainly used for equipment investment, 
investment 
in unit and loan repayment  
 
     
     
    Source text in Japanese:https://goo.gl/1qdohD 
    Further company coverage: 5857.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 10 62674724; 
Reuters Messaging: huafang.zhang.reuters.com@reuters.net))