March 2, 2018 / 7:52 AM / in 3 months

BRIEF-Greens to issue new shares through private placement

March 2(Reuters) - Greens Co Ltd

* Says it will issue 187,500 new shares through private placement to Nomura Securities Co., Ltd., with subscription date on April 16 and payment date on April 17

* Proceeds to be used for equipment investment fund

* Says its third biggest shareholder, who directly holds a 14.3 percent voting power in the company will cut direct voting power to 8.7 percent, effective March 23

Source text in Japanese:goo.gl/J43GwQ

Further company coverage: (Beijing Headline News)

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