April 18, 2017 / 8:09 AM / 3 months ago

BRIEF-Aucnet confirms to issue 723,000 shares to Nomura Securities

1 Min Read

April 18 (Reuters) - Aucnet Inc

* Says it received notice from Nomura Securities Co., Ltd., confirming shares subscription

* Says it will issue 723,000 shares at the price of 1,023 yen, or for 739.6 million yen in total, through private placement to Nomura Securities Co., Ltd.,

* Says subscription date April 24 and payment date April 25

* Proceeds is used for capital expenditure, loan payment, outsourced business expenses and other expense

Source text in Japanese:goo.gl/4wuzb6

Further company coverage: (Beijing Headline News)

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