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BRIEF-TOPY INDUSTRIES announces private placement of treasury stock
May 24, 2016 / 7:41 AM / in a year

BRIEF-TOPY INDUSTRIES announces private placement of treasury stock

May 24 (Reuters) - TOPY INDUSTRIES Ltd :

* Says it plans to distribute 3.7 million shares of its treasury common stock at 218 yen per share through private placement to MW ITALIA S.R.L.

* To raise 800.5 million yen in total through private placement

* Says placement period from June 9 to Nov. 30

Source text in Japanese: goo.gl/Ll5wWp

Further company coverage: (Beijing Headline News)

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