Yoshicon Co.,Ltd. (JASDAQ:5280) announced a private placement of 92,100 shares to Kyoritsu Electric Corporation at ¥1,085 per share for gross proceeds of ¥99,928,500 on September 3, 2014. The investor will acquire 1.15% stake in the company through this transaction. The transaction is expected to close by September 19, 2014.
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- News Kyoritsu Electric Corporation
- Yoshicon Co.,Ltd. announced that it expects to receive ¥99.93 million in funding from Kyoritsu Electric Corporation.