On the 20th, Tensho Electric Industry <6776> announced that its subsidiary, Sanko America Corporation, will implement a third-party allocation of new shares with Sanko as the allocation destination.
The planned increase in capital is 3,300,000 USD, the planned number of new shares to be issued is 3,300 shares, the planned number of issued and outstanding shares after the increase in capital is 48,467 shares, the issue price (per share) is 1,000 USD, and the payment date is the end of August 2024.
The subscribers and the post-increase capital contribution ratio are Tensho Electric Industry with 27,100 shares (55.91%), Sanko A-REIT with 18,067 shares (37.28%), and Sanko with 3,300 shares (6.81%).