Salus Co.,ltd. announced that it has received ¥1.95 million in funding from Sophia Holdings Co., Ltd..
August 08, 2012 at 05:00 am
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Salus Co., Ltd. announced a private placement of 1,945 units of convertible bonds and warrants at ¥1,000 per unit for gross proceeds of ¥1,945,000 on August 8, 2012. The bonds will carry an interest of 3% per annum and will convertible into common shares at a conversion price of ¥1,000 per share. The bonds will be redeemed at ¥1,000 per ¥1,000 face value. The bonds will mature on September 28, 2012. The company will issue 1,945 warrants as part of the transaction. The warrants will be exercisable into common shares of the company from August 9, 2012 to September 28, 2012. The application period will end on August 9, 2012. The transaction was approved by the board of directors of the investor.
Sophia Holdings Co Ltd is a holding company mainly engaged in the Internet-related business, communication business and dispensing pharmacies and the peripheral businesses, the provision of solution services such as system development, maintenance, and operation, as well as the operation of the dispensing pharmacy business. The Company operates in three business segments. The Internet-related segment is involved in the development of Internet systems, the operation and maintenance of data centers and the provision of application service provider (ASP) service for real estate agents. The Telecommunications segment conducts the planning, development, and operation of information communication services and Internet Services Provider (ISP), mainly including Mobile Virtual Network Operator (MVNO) and Fixed Virtual Network Operator (FVNO). The Dispensing Pharmacy segment operates dispensing pharmacies. The other businesses includes management consulting business and overseas business.
SOPHIA HOLDINGS CO.,LTD. 
