March 2, 2018 / 7:02 AM / 7 months ago

BRIEF- Macnica Fuji Electronics Holdings to issue new shares and to distribute shares

March 2(Reuters) - Macnica Fuji Electronics Holdings Inc

* Says it will issue 1.9 million new shares and to distribute 4.2 million shares of its treasury common stock, through public offering

* Says it will issue 2.1 million new shares through private placement, to SMBC Nikko Securities Inc., with subscription date on March 26 and payment date on March 27

* Proceeds to be used for operation fund

Source text in Japanese:goo.gl/tKUwyZ

Further company coverage: (Beijing Headline News)

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