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BRIEF-AIN Holdings to issue shares to raise up to 30.5 bln yen
August 22, 2017 / 8:33 AM / 3 months ago

BRIEF-AIN Holdings to issue shares to raise up to 30.5 bln yen

Aug 22 (Reuters) - AIN Holdings Inc

* Says it plans to issue 2.8 million new shares via public offering and to issue 720,000 new shares via private placement

* Says it plans to raise up to 30.5 billion yen in total

* Says proceeds will be used for equipment investment, acquisition fund, working capital and loans repayment

Source text in Japanese: goo.gl/EC6DeD

Further company coverage: (Beijing Headline News)

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