Brief: MedPeer says business and capital alliance with Sugi Holdings

MedPeer

05/03/2018 07:05

March 5 (Reuters) - MedPeer Inc  6095.T  
    
    * Says it forms business and capital alliance with Sugi
Holdings
Co Ltd  7649.T  on March 5
    * Says two entities will mainly cooperate on self-care
platform
business, pharmaceutical company marketing support business, and
home healthcare platform business
    * Says it will issue 275,600 shares at the price of 1,277
yen per
share and raise 351.9 million yen in total, via private
placement to Sugi Holdings Co Ltd 
    * Says Tokyo-based wholly owned unit will issue 1,441 shares
at
the price of 242,887 yen per share and raise 350 million yen in
total, via private placement to wholly owned unit of Sugi
Holdings Co Ltd 
    * Payment date on April 2 

    
    Source text in Japanese:https://goo.gl/hciXeS
    Further company coverage: 6095.T  7649.T 

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