September 22, 2017 / 6:17 AM / 3 months ago

BRIEF-Tecnos Japan unit to issue 2,550 shares via private placement

Sept 22 (Reuters) - Tecnos Japan Inc

* Says co’s Tokyo-based unit, which is mainly engaged in big data analysis, AI and IoT, plans to issue 2,550 new shares via private placement and will repurchase 750 shares

* Says co will hold 43.3 percent stake in the co, down from 53.7 percent

Source text in Japanese: goo.gl/WMGcGN

Further company coverage: (Beijing Headline News)

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