KSK Holdings Co., Ltd. announced that it has received funding from Seino Holdings Co., Ltd..
June 01, 2015
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KSK Holdings Co., Ltd. announced a private placement of 98,220 common shares on June 2, 2015. The transaction included participation from new investor, Seino Holdings Co., Ltd. As part of the transaction, the investor acquired 50% stake in the company via third party capital increase. On closing, the company became a special subsidiary of the investor.
SEINO HOLDINGS CO., LTD. is a Japan-based company mainly engaged in the transportation business, automobile sales business, goods sales business, real estate leasing business and other business. The Company operates in four segments. The Transportation segment is engaged in domestic transportation business centered on freight trucking transportation as well as other businesses include air transportation, rail transportation, water transportation, warehousing business, air transport agency business, property insurance agency business and international transportation. The Automobile Sales segment is engaged in the sales and repair of trucks, passenger cars and auto parts. The Goods Sales segment is engaged in the sales of fuel and paper, etc. The Real Estate Leasing segment is engaged in the leasing of assets such as substitute track terminal vacant sites. Other businesses include information related business, administrative agency business, advertising agency business, etc.