Brief: Ahkun to form business and capital alliance with Powered Process Consulting
28/12/2016 08:56
Dec 28 (Reuters) - Ahkun Co Ltd 3927.T :
* Says it plans to form a business and capital alliance with
Powered Process Consulting Co Ltd (PPC)
* Says two entities will cooperate on marketing and joint
development of new products in disaster prevention and IoT
(Internet of things) areas
* Co will subscribe unsecured convertible corporation bonds
with warrants issued by PPC, worth 200 million yen with annual
coupon rate of 5 percent
Source text in Japanese: https://goo.gl/2xE2EN
Further company coverage: 3927.T
(Beijing Headline News)
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