Star Asia Investment Corp. (JP:3468) has released an update.
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Star Asia Investment Corporation has announced a new issuance of 315,000 investment units and a secondary offering of up to 31,504 units. The specifics of the offering, including the issue and offer prices, will be determined in a future Board of Directors meeting, with all offerings subject to the effectiveness of a securities registration statement according to Japanese law. The issuance will be through a public offering with full underwriting by a syndicate, and the secondary offering will involve units borrowed from Lion Partners.
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