Bloomberg News

Riberesute to Raise up to 987.2 Million Yen in Public Share Sale

October 17, 2011

Oct. 17 (Bloomberg) -- Riberesute Corp., a Japanese real estate company, plans to raise as much as 987.2 million yen ($13 million) by selling new and existing shares to the public, according to a filing today with Japan’s finance ministry.

The proceeds will be used to invest in land, according to the document.

To contact the editor responsible for this story: Taku Kato at tkato6@bloomberg.net


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