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9417 Smartvalue Co News Story

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Brief: Smartvalue to issue new shares to raise up to 1.15 bln yen

June 1 (Reuters) - Smartvalue Co Ltd  9417.T  
    
    * Says it will issue 500,000 shares via public offering and
108,400 shares via private placement to Daiwa Securities Co.Ltd.
    * Says it aims to raise up to 1.15 billion yen in total, and
proceeds will be used for development and equipment purchasing
investment 

    
    Source text in Japanese:https://goo.gl/dECcWL
    Further company coverage: 9417.T 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +8601082555111;
Reuters Messaging: Pingping.Li1@thomsonreuters.com@reuters.net))

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