December 22, 2017 / 7:24 AM / a month ago

BRIEF- Kowa to issue 38,700 shares to SMBC Nikko Securities

Dec 22(Reuters) - Kowa Co Ltd

* Says it plans to issue 38,700 new shares via private placement to SMBC Nikko Securities Inc., with subscribe date on Dec. 26 and payment date on Dec. 27

* SMBC Nikko Securities Inc will pay 125.3 million yen in total to company

Source text in Japanese:goo.gl/Sqqb6s

Further company coverage: (Beijing Headline News)

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