H.I.S. Co., Ltd. announced that it expects to receive ?2.55414946 billion in funding
November 01, 2021
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H.I.S. Co., Ltd. announced a private placement of 1,210,700 shares at a price of ?2,065 per share for gross proceeds of ?2,500,095,500 and 18,280
stock acquisition rights at a price of ?2,957 per stock acquisition right for gross proceeds of ?54,053,960 for aggregate gross proceeds of
?2,554,149,460 on November 2, 2021. The transaction is expected to close on December 13, 2021. The company will receive funding through third-party allocation.
H.I.S. Co., Ltd. is primarily engaged in travel business. The Company operates in four segments. The Travel segment is engaged in the provision of related services of overseas and domestic travel. The Huisten Bos Group segment has owned and operated theme parks in Sasebo City, Nagasaki Prefecture and Gamagori City in Aichi Prefecture, and develops new power sources such as renewable energy, and incidental projects. The Hotel segment is engaged in hotel and related business in Japan, Taiwan and others. The Kyushu Industrial Transportation Group, with the Kyushu Industrial Transportation Holdings Co., Ltd. as the holding company, is primarily engaged in automobile transportation business. Besides, it is involved in insurance agency such as overseas travel insurance, as well as development and operation of guest room reservation system.
H.I.S. CO., LTD. 
