Amnos Co., Ltd. announced that it expects to receive ¥30 million in funding from Puequ CO.,LTD.
January 14, 2019
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Amnos Co., Ltd. announced that it will receive ¥30,000,000 in an equity round of funding on January 15, 2019. The transaction will include participation from returning investor Puequ CO.,LTD. (JASDAQ:9264). The transaction has been approved by the board of directors of the investor. The company has a registered capital of ¥345,000,000. Post closing of the transaction, the investor's stake will increase from 10.7% to 14.6%. The transaction is expected to close on January 21, 2019.
Puequ CO.,LTD. is a Japan-based company principally engaged in the manufacture and sale of environment and energy related equipment, power and heavy machine related equipment, as well as disaster prevention and safety related equipment. The Company operates in three business segments. Environment and Energy segment is involved in the manufacture and sale of environment-related equipment aimed at water treatment and environmental improvement, as well as energy-related equipment, which are mainly composed of heat exchangers. Power and Heavy Equipment segment is involved in the manufacture and sale of marine machinery and parts, plant related equipment and other power related parts. Disaster Prevention and Safety segment is involved in the manufacture and sale of indoor and outdoor fire hydrants and pressurized water conveying devices for sprinkler fire extinguishing facilities.