July 14, 2017 / 7:25 AM / in 3 months

BRIEF-DM Solution to issue shares to SBI SECURITIES

July 14 (Reuters) - DM Solution Co Ltd

* Says it will issue 29,000 shares of its common stock to SBI SECURITIES Co., Ltd via private placement

* Says SBI SECURITIES Co., Ltd will pay 66.7 million yen in total (2,300 yen per share) to the co

* Says subscription date on July 14 and payment date on July 24

* Says proceeds will be used for equipment investment, operating funds and personnel costs

Source text in Japanese: goo.gl/wCRTuD

Further company coverage: (Beijing Headline News)

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