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Gree Inc (3632.T)

3632.T on Tokyo Stock Exchange

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Tue, Feb 28 2017

BRIEF-Gree to sell 100 pct stake in SEKAIE, Inc.

* Says the co will sell 100 percent stake in SEKAIE, Inc. for 1 yen

BRIEF-R&I affirms Gree's rating at "BBB" and announces negative outlook – R&I

* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB" – R&I

BRIEF-Gree to buy Tokyo-based advertising firm 3Minute

* Says it will buy 100 percent stake in a Tokyo-based company 3Minute, which is engaged in advertising business, media business and commerce business, for 4.3 billion yen in total, on Feb. 9

BRIEF-Evolable Asia's Vietnam-based unit to set up JV with GREE

* Says its Vietnam-based unit Evolable Asia Co Ltd plans to set up a joint venture named as GREVO Co Ltd, jointly with GREE Inc, on April 1

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