July 11, 2017 / 1:23 AM / a month ago

BRIEF-Gokurakuyu Holdings to issue new shares to raise 1.9 bln yen

July 11 (Reuters) - Gokurakuyu Holdings Co Ltd

* Says it will issue 2.4 million new shares at the price of 793 yen per share, to raise 1.9 billion yen, through private placement

* Says payment date on Aug. 4

* Proceeds will be used to open new store

Source text in Japanese:goo.gl/JRRkE3

Further company coverage: (Beijing Headline News)

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