Di-Nikko Engineering Co., Ltd. announced that it expects to receive Ñ580.32 million in funding from Leewo Investment Group Limited
October 13, 2022
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Di-Nikko Engineering Co., Ltd. announced that it will issue 1,289,600 common shares at a price of Ñ450 per share for gross proceeds Ñ580,320,000 to new investor Leewo Investment Group Limited on October 14, 2022.
The investor will invest for 19.35% stake in the company. The transaction is expected to close from November 10, 2022 to November 17, 2022. The company will pay fees worth Ñ50,000,000 in the transaction. The transaction has been approved by the board of directors of the company.
Di-Nikko Engineering Co., Ltd. is a Japan-based company mainly engaged in the commissioned processing of electronic modules to electronic equipment makers. The Electronic Components Implementation department is engaged in the implementation of electronic components to printed-circuit boards (PCBs) by robots and by hand. The Equipment Assembly department is engaged in the assembly and manufacturing of electronic modules mainly used for digital camera lens and other end products. The Company is also engaged in the sale of office machinery, as well as the provision of manpower dispatching and contracting services. The Company's products are used in office business equipment, industrial equipment, optical equipment and civil life equipment, among others.
DI-NIKKO ENGINEERING CO., LTD. 
