Asia
Musashi Seimitsu Board Approves New Share Issue Under Restricted Stock Compensation Plan
Musashi Seimitsu Industry(TYO:7220) board approved the issue of 14,300 new shares totaling up to 56.8 million yen under its restricted stock compensation plan.The shares were allocated to six directors, including four outside directors; two audit and supervisory committee member directors, including 2 outside directors; and 11 executive officers, according to a June 26 filing on the Tokyo Stock Exchange.The disposal will be completed on July 24.
TYO:7220
