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7172 — Japan Investment Adviser News Story

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Brief: Japan Investment Adviser to issue new shares to raise up to 13.59 bln yen

May 18 (Reuters) - Japan Investment Adviser Co Ltd  7172.T  
   
    * Says it plans to issue 2.4 million shares of its common
stock
via public offering
    * Says it plans to issue 350,000 shares of its common stock
via
private placement, with subscription date on June 26 and payment
date on June 27
    * Says it plans to raise up to 13.59 billion yen in total 
    * Proceeds will be used for environmental energy, parts out
conversion and operating lease business

    Source text in Japanese: https://goo.gl/ZugUxi
    Further company coverage: 7172.T 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: Tingting.liu@thomsonreuters.com@reuters.net))

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