AP Holdings Co.,Ltd. announced that it expects to receive ¥200.0295 million in funding
September 14, 2022
Share
AP Holdings Co.,Ltd. announced that it will issue 445,500 common shares at a price of ¥449 per share for gross proceeds of ¥200,029,500 on September 14, 2022. The transaction will include participation from Director, President and Chief Executive Officer Hisashi Yoneyama. The company will issue securities through third-party allotment.
The transaction has been approved by the board of directors of the company. Upon completion ¥100,014,750 will be added in capital and ¥100,014,750 will be added in capital reserve.
AP Holdings Co Ltd, formerly AP Company Co Ltd, is a Japan-based company mainly engaged in the manufacture, distribution and sale of chickens, fishes and other food products by production and distribution directly connected model. The Company operates in two business segments. The Production and Distribution segment is involved in the selection, production, processing and sale of ingredients through local subsidiaries, and the provision of distribution solutions such as distribution costs, freshness, surplus parts and store delivery frequency, as well as the food and beverage distribution business, the production and processing of local chickens and fresh fishes, the trading and sale of fruits and vegetables, and the operation of poultry farms and ranches. The Sales segment is involved in the sale of branded products through creating brand stories, as well as the operation of restaurants and licensed stores.