Brief: Kyodo Public Relations to raise 170 mln yen, says business and capital alliance with VAZ

Kyodo Public Relations

15/02/2018 09:17

Feb 15 (Reuters) - Kyodo Public Relations Co Ltd  2436.T   
     
    * Says it will issue 97,532 shares at the price of 1,743 yen 
per 
share, and raise 170 million yen in total, via private placement 
to Shinto Tsushin Co.,Ltd., and payment date on March 5  
    * Says it forms business and capital alliance with VAZ.inc 
and 
mainly cooperate on public relations activities related business 
    * Says it will acquire Series C preferred stock for 300 
shares of 
VAZ.inc, via private placement, for 108 million yen in total  
 
     
    Source text in Japanese:https://goo.gl/z8GJvG 
    Further company coverage: 2436.T  
 
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