Brief: Chuo Build Industry says business and capital alliance with Asahi Kasei Homes

Chuo Build Industry Co

14/02/2017 06:47

Feb 14 (Reuters) - Chuo Build Industry Co Ltd  1971.T : 
     
    * Says it to form business and capital alliance with Asahi 
Kasei Homes on Feb. 14 
    * Says it to issue 3,100,000 shares to Asahi Kasei Homes on 
March 3, for 465 million yen 
    * Says Alinco Inc  5933.T  to sell 4,600,000 shares of the 
co (22.73 percent voting rights) to Asahi Kasei Homes on March 3 
    * Says Asahi Kasei Homes' voting rights in the co to 
increase to 32.99 percent up from 0 percent 
    * Says Alinco Inc's voting rights in the co to decrease to 
9.51 percent, down from 33.69 percent 
     
    Source text in Japanese: https://goo.gl/TFP5pV 
    Further company Coverage:  1971.T   5933.T  
 
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