Brief: Sailor Pen says business and capital alliance with PLUS

Sailor Pen

27/04/2018 09:13

April 27 (Reuters) - Sailor Pen Co Ltd  7992.T  
   
    * Says co signs business and capital alliance agreement with
PLUS
CORP
    * Says co will issue 2.1 million shares at 281 yen per share
(590.1 million yen in total) to PLUS CORP via private placement,
with payment date on May 22
    * Says PLUS CORP will hold 14.4 percent stake in the co and
become
co's top shareholder on May 22

    Source text in Japanese: https://goo.gl/n9j8Vr
    Further company coverage: 7992.T 

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