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BRIEF-Sekonic Holdings to convert unit's debt into equity
July 29, 2016 / 6:46 AM / a year ago

BRIEF-Sekonic Holdings to convert unit's debt into equity

July 29 (Reuters) - Sekonic Holdings Corp :

* Says the co plans to convert debt in Changshu(China)-based electronic joint venture in which co is owning 65.48 percent stake, into equity, in late-September

* Says the stake in JV owned by co will be raised to 81.90 percent from 65.48 percent after the transaction

Source text in Japanese: goo.gl/591ra7

Further company coverage: (Beijing Headline News)

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