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KACHIKAIHATSU CO LTD to Issue New Shares; Announces Changes in Shareholding Structure

Friday, 10 May 2013 04:30am EDT 

KACHIKAIHATSU CO LTD announced that it has decided to issue 26,467,000 shares, at the price of JPY 34 per share, or JPY 899,878,000 in total, to five companies and four individuals (including 16,176,000 shares to Rembrandt Hotel Holdings), on May 27, 2013. As a result, Rembrandt Hotel Holdings will become the top shareholder, holding a 12.24% stake in the Company, up from 0%. 

Company Quote

-1.0 -2.17%
27 Nov 2014