Brief: Palma to issue 160,000 shares to raise 586.4 mln yen via private placement

Palma

17/04/2018 08:00

April 17 (Reuters) - Palma Co Ltd  3461.T  
    
    * Says it will issue 160,000 shares at the price of 3,665
yen per
share, to raise 586.4 million yen in total, via private
placement to JAPAN POST CAPITAL Co.,Ltd. 
    * Proceeds will be used for land acquisition and
construction
costs  


    
    Source text in Japanese:http://bit.ly/2ESubl6
    Further company coverage: 3461.T 

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