Samty Residential Investment Corporation (TSE:3459) announced a private placement of 173,600 units at a price of ¥87,000 per unit for gross proceeds of ¥15,103,200,000 on January 15, 2018. The transaction will include participation from new investor, Daiwa Securities Group Inc. (TSE:8601) for 161,700 units for 35.41% stake and returning investor, Samty Co., Ltd. (TSE:3244) for 11,900 units. The units will be issued through third party allotment method.

Post the closing of the transaction, Samty Co., Ltd. (TSE:3244) will hold 5.31% stake in the company. The payment date is February 1, 2018. The transaction has been approved by the board of directors of the company.