Brief: Harmonic Drive Systems to issue new shares and to distribute shares

Harmonic Drive Systems

05/01/2018 07:30

Jan 5(Reuters) - Harmonic Drive Systems Inc  6324.T  
     
    * Says it plans to issue 1.6 million new shares and to 
distribute 
3.1 million shares through public offering  
    * Says it plans to issue 333,900 new shares through private 
placement to SMBC Nikko Securities Inc., with subscription on 
Feb. 27 and payment on Feb. 28 
    * Proceeds to be mainly used for equipment investment, new 
plant 
related construction fund and new plant's property acquisition 
fund 
 
     
     
    Source text in Japanese:https://goo.gl/V66JFE 
    Further company coverage: 6324.T  
 
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