Softsen Shenzhen Information Technology Co., Ltd. announced that it expects to receive CNY 29.53 million in funding from Softcen Co., Ltd.
July 23, 2020
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Softsen Shenzhen Information Technology Co., Ltd announced that it will CNY 29,530,000 in an equity round of funding from returning investor Softcen Co., Ltd. (KOSDAQ:A032680) on July 24, 2020. The company will raise the funding through shareholder allocation method. The transaction has been approved by the board of directors of the company, and is expected to close on August 7, 2020.
SOFTCEN CO., LTD., formerly BTC KOREA Co.,Ltd., is a Korea-based company mainly engaged in the provision of hardware and software. The Company operates its business through solution, light crystal display (LCD) monitor and light emitting diode (LED) power saving lighting segments. Its solution segment involves in the provision of computers, computer peripherals and software of IBM, T-max and others. Its LCD monitor segment engages in the manufacture of LCD monitors used for computers, video players, gaming devices and other display devices. Its LED power saving lighting segment produces LED lights under the brand name L-STATION, which are used as dimmers and others. It also engages in real estate rental.