January 5, 2017 / 6:28 AM / 7 months ago

BRIEF-Tsuzuki Denki says business and capital alliance with ASO

1 Min Read

Jan 5 (Reuters) - Tsuzuki Denki Co Ltd :

* says it formed a business and capital alliance with Japan-based firm ASO CORPORATION on Jan. 5

* Says two entities will cooperate on medical, nursing care and education business, etc

* Says it will dispose 2,300,000 treasury shares to ASO CORPORATION via private placement for totally 1,278,800,000 yen

* Says payment date of the private placement will from Jan. 24 to Feb. 10

* Says ASO CORPORATION's voting rights in the co to increase to 15.16 percent from 0 percent

Source text in Japanese: goo.gl/lE0Xbt

Further company Coverage: (Beijing Headline News)

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