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3176 Sanyo Trading Co News Story

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Brief: Sanyo Trading to subscribe 2 mln shares of unit San-Thap International

Jan 16(Reuters) - Sanyo Trading Co Ltd  3176.T  
     
    * Says it will subscribe 2 million shares of Thailand-based 
unit 
San-Thap International Co., Ltd 
    * Says issue price of the shares is 100 baht per share  
    * Says payment date in late February 
    * Says the company's group will acquire stake in San-Thap 
International from other shareholders of San-Thap International 
    * Says San-Thap International will be a wholly owned unit of 
the 
company's group  
 
     
     
    Source text in Japanese:https://goo.gl/ULM4Ja 
    Further company coverage: 3176.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 10 62674724; 
Reuters Messaging: huafang.zhang.reuters.com@reuters.net))

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