February 22, 2018 / 7:41 AM / 4 months ago

CORRECTED-(OFFICIAL)-BRIEF-MCJ to fully acquire Tekwind via stock swap

(Corrects second bullet to say one share of Tekwind Co will be exchanged with 0.58 shares of co, not the other way round)

Feb 22 (Reuters) - MCJ Co Ltd

* Says it will fully acquire Tekwind Co., Ltd., through stock swap, effective April 24

* Says one share of Tekwind Co., Ltd’s stock will be exchanged with 0.58 shares of the company

* Says 441,380 shares of the company’s stock will be exchanged

Source text in Japanese: goo.gl/NcH1tM

Further company coverage: (Beijing Headline News)

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