Brief: Torex Semiconductor to issue new shares and announces private placement of treasury stock

Torex Semiconductor

27/02/2018 07:52

Feb 27(Reuters) - Torex Semiconductor Ltd  6616.T  
     
    * Says it will issue 1.6 million new shares through public 
offering  
    * Says it will distribute 262,500 shares of its treasury 
common 
stock through private placement to Nomura Securities Co., Ltd., 
with subscription date on March 28 and payment date on March 29 
    * Proceeds to be used to invest in unit, to buy equipment 
and 
software and to repay loan 
 
     
     
    Source text in Japanese:https://goo.gl/LESfUJ 
    Further company coverage: 6616.T  
 
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