Brief: Toyo Business Engineering to distribute shares to raise 549 mln yen

Zuken

27/08/2018 07:45

Aug 27 (Reuters) - Toyo Business Engineering Corp  4828.T  
    
    * Says it will distribute 300,000 shares of its treasury
common
stock at 1,830 yen per share, to raise 549 million yen in total,
through private placement to Zuken Inc  6947.T , on Sept. 11 
    * The proceeds will be used for loan repayment 

    
    Source text in Japanese:https://goo.gl/T7DxRK
    Further company coverage: 4828.T  6947.T 

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