February 15, 2018 / 8:35 AM / 9 days ago

BRIEF-Shirohato to issue 1.7 mln shares to Odakyu Electric Railway and raise 1.27 bln yen

Feb 15 (Reuters) - Shirohato Co Ltd

* Says it will issue 1.7 million shares to Odakyu Electric Railway Co Ltd, at the price of 748 yen per share, and raise 1.27 billion yen in total

* Payment date on March 6

* The proceeds will be used for development of warehouse and logistics center

Source text in Japanese:goo.gl/PuzF5p

Further company coverage: (Beijing Headline News)

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