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BRIEF-Pado issues new shares for 1 bln yen and says shareholding changes
March 31, 2017 / 7:02 AM / 6 months ago

BRIEF-Pado issues new shares for 1 bln yen and says shareholding changes

March 31 (Reuters) - Pado Corp:

* Says it issued 13.5 million new shares for 1 billion yen in total via private placement

* Says RIZAP GROUP raised stake in it to 71.1 percent from 0 percent, a Yokohama-based advertisement company cut stake in it to 7.2 percent from 25 percent, an individual cut stake in it to 6 percent from 20.8 percent

Source text in Japanese: goo.gl/OZQvit

Further company coverage: (Beijing Headline News)

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