Japan: Jtekt equity issue to raise up to ¥19.3bn

Jtekt Corporation has announced it will raise up to ¥19.3bn (US$211.9m) through an issue of equity, including a public offering of new shares and a third-party allotment to Toyota Motor. The supplier has said it will issue up to 21.3 million new shares, of which Toyota will purchase 4.8 million. The It’s time to log … Continued

• By Webmaster
• June 2, 2010