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BRIEF-Yamashita Medical Instruments says business and capital alliance with HIKARI TSUSHIN
September 28, 2017 / 7:51 AM / 25 days ago

BRIEF-Yamashita Medical Instruments says business and capital alliance with HIKARI TSUSHIN

Sept 28 (Reuters) - Yamashita Medical Instruments Co Ltd

* Says it signs business and capital alliance agreement with HIKARI TSUSHIN, INC. on Sept. 28

* Says it will distribute 47,533 shares of its treasury common stock at 1,714 yen per share through private placement to HIKARI TSUSHIN, INC. and raised 81.5 million yen in total

* Says two entities will jointly invest in E-Delight Co., Ltd, and the co will acquire 340 shares of E-Delight Co., Ltd, and hold 34 percent stake after investment

* Effective Oct. 20

* Says two entities will mainly cooperate on EPARK business for medical

Source text in Japanese:goo.gl/fp2Qas

Further company coverage: (Beijing Headline News)

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