December 25, 2017 / 10:19 AM / 10 months ago

BRIEF- Jalco Holdings unit to acquire property for 1.23 bln yen

Dec 25(Reuters) - Jalco Holdings Inc

* Says its unit JALCO Co.,Ltd. plans to acquire property for 1.23 billion yen

* Transaction date on Jan. 12, 2018

* Says JALCO Co.,Ltd will take out a loan of 1.23 billion yen on Jan. 11, 2018, with annual interest rate of 3 percent

* Proceeds to be used to fund the acquisition

Source text in Japanese:goo.gl/oB5ses ; goo.gl/qYtYm6

Further company coverage: (Beijing Headline News)

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