Pioneer to raise 2.5 bil. yen through rights issue to Honda

Pioneer to raise 2.5 bil. yen through rights issue to Honda

TOKYO, Japan - Pioneer Corp. President Susumu Kotani told a news conference in Tokyo on April 28 that his company will raise 2.5 billion yen (around $26 million) by issuing shares to Honda Motor Co. to secure funds to turn around its business amid a severe sales slump due to the global economic downturn.

  • Product Code
  • ILEA001133616
  • Registered date
  • 2009/4/28 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2009 Kyodo News
  • Media size
  • 1664 × 1303 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 459.07(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

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