Hamai Company Limited announced that it has received ¥326 million in funding from Fuji Machine Mfg Co., Ltd. and Fanuc Corporation.
September 26, 2014 at 05:00 am
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Hamai Company Limited (TSE:6131) announced a private placement of 2,000,000 shares at a price of ¥163 per share for gross proceeds of ¥326,000,000 on September 4, 2014. The transcation will include participation from Fuji Machine Mfg Co., Ltd. for 1,500,000 shares for ¥244,500,000 and Fanuc Corporation for 500,000 shares for ¥81,500,000. Fuji Machine Mfg Co., Ltd. and Fanuc Corporation will hold 9.27% and 2.17% stake respectively in the company upon completion of the transaction. The shares will be issued through third party allocation. The company will receive net proceeds of ¥319,700,000 after deducting estimated amount of various issue costs of ¥6,300,000 including registration tax of about ¥1,100,000, stock fees of about ¥300,000, securities registration statement and prospectus creation expenses of about ¥600,000, and legal expenses of about ¥4,300,000. The payment date for the transaction is September 26, 2014.
On September 26, 2014, Hamai Company Limited closed the transaction.
Fuji Corp is a Japan-based company mainly engaged in the manufacture and sale of electronic component mounting robots and machine tools. The Company operates its business through two business segments. The Robot Solutions segment is engaged in the produce of electronic component mounting robots. The Machine Tools segment is engaged in the produce of machine tools. The Company also provides control equipment, electronic equipment, and image processing development.