Brief: Hotel Newgrand to distribute 58,400 shares and raise 173 mln yen

Hotel Newgrand

19/07/2018 07:52

July 19 (Reuters) - Hotel Newgrand Co Ltd  9720.T  
    
    * Says it will distribute 58,400 shares of its treasury
common
stock at 2,963 yen per share through private placement to
chairman of the company and Yokohama-based real estate company,
to raise 173 million yen
    * Payment date on Aug. 6 

    
    Source text in Japanese:http://bit.ly/2L9e1vF
    Further company coverage: 9720.T 

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