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3246 — Kose RE News Story

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Brief: Kose RE says issue of new shares and change of shareholding structure

Sept 29 (Reuters) - Kose RE Co Ltd  3246.T       
     
    * Says it will issue 1.7 million shares via public offering 
and payment date on Oct. 20 
    * Says it will issue 260,000 shares via private placement, 
subscription period from Nov. 14 to Nov. 20 and payment period 
from Nov. 15 to Nov. 21  
    * Says it aims to raise up to 2.48 billion yen in total and 
proceeds will be used for acquisition fund of properties and 
operating fund  
    * Says president will decrease voting power in the co to 
25.3 percent from 30.7 percent, effective Oct. 20  
     
    Source text in Japanese:https://goo.gl/k2jkqd 
    Further company coverage: 3246.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +8601082555111; 
Reuters Messaging: Pingping.Li1@thomsonreuters.com@reuters.net))

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