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3793 Drecom Co News Story

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Brief: Drecom issues new shares for 1 bln yen

Feb 14 (Reuters) - Drecom Co Ltd  3793.T : 
     
    * Says it will issue 337,000 new shares via public offering, 
issue 91,000 new shares via private placement to Rakuten, Inc., 
issue 42,000 new shares via private placement to Daiwa 
Securities Co. Ltd. 
    * Says it raise 1 billion yen in total for operating funds 
enrichment and loan repayment 
     
     
    Source text in Japanese: https://goo.gl/qdwVCJ 
    Further company coverage: 3793.T  
 
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