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4 months ago
BRIEF-Ascot to raise 9 bln yen via private placement to fund real estate business
March 15, 2017 / 9:29 AM / 4 months ago

BRIEF-Ascot to raise 9 bln yen via private placement to fund real estate business

1 Min Read

March 15 (Reuters) - Ascot Corp :

* Says the co will raise 9 billion yen via private placement to Hongkong-based firm Sun Ye Company Limited, to fund real estate business

* Says Sun Ye Company Limited will raise stake in the co to 59.9 percent from 0 percent after the private placement

* Says payment date on April 25

Source text in Japanese:goo.gl/7kGxhS

Further company coverage: (Beijing Headline News)

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