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3777 — Environment Friendly Holdings News Story

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Brief: Geonext plans private placement of 23.8 mln shares; shareholding structure changes

Sept 21 (Reuters) - Geonext Corp  3777.T   : 
     
    * Says it plans to issue 23.8 million shares via private 
placement and aims to raise 714 million yen in total, on Oct. 
24, to fund project and repay loan 
    * Co's top shareholder, Resort&Medical Co Ltd's stake in co 
will be lowered to 23.10 percent from 36.37 percent 
    * TRIAD CO LTD, a Tokyo-based real estate agency, will raise 
stake in co to 15.34 percent from 0 percent  
    * An individual to raise stake to 13.64 percent from 4.57 
percent  
    * A Tokyo-based limited liability company(KCM2), which is 
engaged in securities related business, will raise stake in co 
to 5.06 percent from 0 percent  
    * A Tokyo-based plastic renewable firm will raise stake in 
co to 5.37 percent from 0 percent  
     
    Source text in Japanese: https://goo.gl/b9oVGc 
    Further company coverage: 3777.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 62674724; 
Reuters Messaging: Cheng.Li@thomsonreuters.com@reuters.net))

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