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BRIEF-Japan Asset Marketing to raise 31.94 bln yen via private placement
October 27, 2017 / 6:45 AM / 23 days ago

BRIEF-Japan Asset Marketing to raise 31.94 bln yen via private placement

Oct 27 (Reuters) - Japan Asset Marketing Co Ltd

* Says it plans to issue 261.8 million shares of its common stock to Don Quijote Holdings Co Ltd, to raise 31.94 billion yen via private placement

* Says payment date on Nov. 13

* Proceeds will be mainly used to fund acquisition

* Says Don Quijote Holdings will raise stake in the co to 64.3 percent from 46.1 percent

Source text in Japanese: goo.gl/ih9RYx

Further company coverage: (Beijing Headline News)

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