Goyo Intex Co., Ltd. (JASDAQ:7519) announced a private placement of 714,000 common shares at an issue price of ¥140 per share for gross proceeds of ¥99,960,000 on April 2, 2020. The transaction will include participation from HDD SINGAPORE PTE. LTD. The company will raise funding through third party allotment method, which is subject to the Financial Instruments and Exchange Act. The company will add ¥49,980,000 to the capital and ¥49,980,000 to the capital reserve of the company. The estimated issuance cost will be ¥7,897,120 in the transaction. The transaction has been approved by the board of directors of the company. The payment date is April 17, 2020.