Brief: Fuji Seiki unit to raise $1.5 mln from Coxon Precise Industrial

Coxon Precise Industrial Co

01/12/2017 03:21

Dec 1 (Reuters) - Fuji Seiki Co Ltd  6400.T  
    
    * Says co's unit PT. Fuji Seiki Indonesia plans to raise 
$1.5 
million from Coxon Precise Industrial Co Ltd  3607.TW  via 
private placement, for investment of automotive molding product 
    * Says Coxon Precise Industrial will hold 17.6 percent stake 
in 
the unit  
    * Says two entities will cooperate on market development, 
technology and business by targeting Southeast Asia market 
 
    Source text in Japanese: https://goo.gl/Yui8Tm 
    Further company coverage: 6400.T  3607.TW  
 
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