Placo Co., Ltd. announced that it has received ¥303.973749 million in funding from New Energy Management GK, Liaoyang Kangda Plastic Resin Co., Ltd., JVA Telok Kurau Pte Ltd
May 11, 2021
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On May 12, 2021, Placo Co., Ltd. (JASDAQ:6347) closed the transaction. The share capital of the company has increased from 2,734,675 shares to 2,949,175 shares.
PLACO CO., LTD. is primarily engaged in manufacture and sale of inflation molding equipment, blow molding equipment and recycling equipment. The inflation molding equipment business manufactures and sells inflation molding equipment for use in the molding of film products such as shopping bags, garbage bags, agricultural polyethylene films, wrap materials, multilayer films and functional films. The blow molding equipment business manufactures and sells blow molding equipment for use in the molding of hollow products such as automobile parts, industrial parts and daily sundry articles. The recycling equipment business manufactures and sells recycling equipment such as crushers, reproduction machines and re-molding machines. The maintenance business provides maintenance and parts.
Placo Co., Ltd. announced that it has received ¥303.973749 million in funding from New Energy Management GK, Liaoyang Kangda Plastic Resin Co., Ltd., JVA Telok Kurau Pte Ltd
PLACO CO., LTD. 
