Brief: Ecomott to issue shares to raise up to 399.1 mln yen

Ecomott

28/05/2018 08:41

May 28 (Reuters) - Ecomott Inc  3987.SP  
    
    * Says it will issue 350,000 shares via public offering and
102,000 shares via private placement 
    * Says it aims to raise up to 399.1 million yen in total,
and
proceeds will be used for products production expenses,
personnel expenses and loan repayment 

    
    Source text in Japanese:https://goo.gl/TnW1Gc
    Further company coverage: 3987.SP 

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