Brief: Japan Creative Platform Group plans full acquisition for unit SONICJAM via stock swap
10/08/2016 07:51
Aug 10 (Reuters) - Japan Creative Platform Group Co Ltd
7814.T :
* Says it plans to fully acquire its 65 percent owned unit
SONICJAM, which is engaged in design and making Web and
interactive content, with effective date on Sep. 10
* One share of SONICJAM's stock will be exchanged with 800
shares of the co's stock
* 112,000 shares of the co's stock will be exchanged
* To raise stake in unit to 100 percent from 65 percent
after the transaction
Source text in Japanese: https://goo.gl/35bSne
Further company coverage: 7814.T
(Beijing Headline News)
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