Nichia capital intends to issue new shares 290 thousand shares, Citizen Holdings, Stanley Electric will get 50 thousand, 10 thousand shares

According to the Ministry of finance, the Financial Bureau of Kanto EDINET announcement, LED leading manufacturers Nichia chemical industries (Nichia Corp.) 7, the "securities" of the book pointed out that the company's 6 of the provisional shareholders' committee and approved by the board of directors, will adopt third specific capital issued 290 thousand shares, raising 29 billion 522 million yen, mostly for financial authorities and other related businesses, including Citizen Holdings, Dachang automotive LED and LCD panel backlight module giant Stanley ELectric watch.

In the document pointed out that during the purchase of new shares for the November 26th -12 month 11 days, in the capital of Citizen Holdings will be the largest share of 50 thousand, Stanley Electric will get 10 thousand shares, in addition to the majority in the capital are banks, credit insurance and other financial institutions, including Mizuho bank, MITSUBISHI Tokyo UFJ bank 20 thousand shares.

At the same time that documents, as of September 30th, Citizen Holdings has held 4 million shares, Nichia Stanley Electric has held 200 thousand shares.

Source: Lean news