Brief: Shinwa Art Auction unit to own 99.9 pct stake in Shinwa Apec Malaysia SDN BHD via private placement

Shinwa Wise Holdings Co

17/04/2017 07:41

April 17 (Reuters) - Shinwa Art Auction Co Ltd  2437.T  : 
     
    * Says its Tokyo-based unit plans to acquire 99.9 percent 
stake of shares in a Malaysia-based firm SHINWA APEC MALAYSIA 
SDN.BHD. via shares private placement plan, at 999,999 ringgit 
    * Says stake transfer is expected to be accomplished in 
mid-April 
     
    Source text in Japanese: https://goo.gl/46ytPf 
    Further company coverage: 2437.T  
 
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