Brief: TOPY INDUSTRIES announces private placement of treasury stock

Topy Industries

24/05/2016 08:38

May 24 (Reuters) - TOPY INDUSTRIES Ltd  7231.T  : 
     
    * Says it plans to distribute 3.7 million shares of its 
treasury common stock at 218 yen per share through private 
placement to MW ITALIA S.R.L. 
    * To raise 800.5 million yen in total through private 
placement 
    * Says placement period from June 9 to Nov. 30 
     
    Source text in Japanese: https://goo.gl/Ll5wWp 
    Further company coverage: 7231.T  
 
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Keywords: TOPY INDUSTRIES/BRIEF