Brief: Hotel Newgrand announces private placement of treasury stock

Hotel Newgrand

05/10/2017 07:54

Oct 5(Reuters) - Hotel Newgrand Co Ltd  9720.T  
     
    * Says it will distribute 38,000 shares of its treasury 
common stock at 2,999 yen per share through private placement to 
Sogo & Seibu Co., Ltd. 
    * Says it will raise 114 million yen in total through 
private placement 
    * Says placement date is Nov. 10 
 
     
     
    Source text in Japanese:https://goo.gl/bqu5jk 
    Further company coverage: 9720.T  
 
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