Brief: Japan Food & Liquor Alliance to issue new shares to raise 2 bln yen and says shareholding structure change

JFLA Holdings

14/07/2017 08:35

July 14 (Reuters) - Japan Food & Liquor Alliance Inc 
 2538.T   
     
     
    * Says it will issue 42.6 million new shares, at the price 
of 47 yen per share, to raise 2 billion yen, through private 
placement to Asrapport Dining Co Ltd  3069.T  and payment date 
on Aug. 1  
    * Proceeds will be used to repay loan, purchase raw 
materials and equipment  
    * Says second biggest shareholder, Asrapport Dining Co Ltd 
will increase voting power in the co to 31.7 percent from 10.4 
percent and top shareholder will decrease voting power to 8.2 
percent, from 10.7 percent, effective Aug. 1  
     
     
    Source text in Japanese:https://goo.gl/hsLc56 
    Further company coverage: 2538.T  3069.T  
 
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