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Chiba Kogyo Bank to issue ¥6B worth of preferred shares

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Chiba Kogyo Bank to issue ¥6B worth of preferred shares

Chiba Kogyo Bank Ltd. plans to issue up to ¥6 billion worth of type 6 preferred shares to individual shareholders.

The lender said Oct. 21 that it will decide the actual issuing schedule at a later date.

As of Oct. 20, US$1 was equivalent to ¥104.03.