GF Capital PTE. Ltd. announced that it will receive SGD 5,930,000 in a round of funding on December 20, 2017. The transaction will include participation from returning investor, G-Factory Co.,Ltd. (TSE:3474), Cool Japan Fund, Inc. for SGD 2,372,000 each. The investors have signed the contract with the company. The company will receive payment in tranches with initial investment of around SGD 4,744,000 in January 2018. Post the closing of the initial investment, G-Factory Co.,Ltd. (TSE:3474) will hold 64.02% stake, Cool Japan Fund, Inc. will hold 35.98% stake in the company. The transaction has been approved by the board of directors of the company.