TDC Software Engineering, Inc. (TSE:4687) announced a private placement of 120,600 common shares at ¥746 per share for gross proceeds of ¥89,967,600 on November 7, 2012. The shares will be issued by third party allocation to new investor Trust & Custody Services Bank, Ltd., Investment Arm. The transaction is expected to close on December 3, 2012.
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- TDC Software Engineering, Inc. announced that it expects to receive ¥89.97 million in funding from Trust & Custody Services Bank, Ltd., Investment Arm.