Brief: Machvision Says To Sell Up 15 Million Shares Via Private Placement
April 10 (Reuters) - Machvision Inc 3563.TW :
* SAYS TO SELL UP 15 MILLION SHARES VIA PRIVATE PLACEMENT
OVER
NEXT YEAR
* SAYS TO SELL SHARES TO STRATEGIC INVESTORS
* SAYS PROCEEDS TO BE USED TO REPLENISH OPERATING CAPITAL OR
MEET
ONG-TERM FUNDING NEED FOR BUSINESS DEVELOPMENT
Source text for Eikon: ID:nMOP3q7mkm
Further company coverage: 3563.TW
(Reporting by Faith Hung)
((faith.hung@thomsonreuters.com;))