The Tokyo-listed bulker owner will sell 8.5 million units atJPY 1,000 each to net gross proceeds of JPY 8.5bn ($83.25m), it said today in afiling.
Mitsui OSK Lines, Daiichi’s largest shareholder with a 26%stake, will partake in the offering.
The news came as the company said it expects to card adeeper full year loss than previously thought.
Daiichi predicts a loss of JPY 16bn for the year to 31 Marchdown from its earlier forecast of JPY 12bn.
However
