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BRIEF-Sawada Holdings to acquire stake in OJSC Kyrgyzkommertsbank for 495.1 mln som
May 24, 2017 / 9:02 AM / 4 months ago

BRIEF-Sawada Holdings to acquire stake in OJSC Kyrgyzkommertsbank for 495.1 mln som

May 24 (Reuters) - Sawada Holdings Co Ltd

* Says it will acquire 990,152 shares of OJSC Kyrgyzkommertsbank for 495.1 million som, or about 813 million yen

* Says it will raise voting power in OJSC Kyrgyzkommertsbank to 52.9 percent (1.1 million shares) from 7.8 percent (67,929 shares)

* Says transaction effective June 21

Source text in Japanese:goo.gl/B6gOyJ

Further company coverage: (Beijing Headline News)

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