Brief: Recomm to issue new shares through private placement

Recomm Co

19/03/2018 09:36

March 19(Reuters) - Recomm Co Ltd  3323.T 
    
    * Says it plans to issue 1.7 million new shares, at the
price of
289 yen per share, through private placement, to raise 500.3
million yen in total 
    * Payment date on April 4
    * Proceeds to be mainly used for M&A fund 

    
    
    Source text in Japanese:https://goo.gl/YvZWtC
    Further company coverage: 3323.T 

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