Kawasaki Geological Engineering Co., Ltd. announced that it has received ¥11.26 million in funding from Nippon Engineering Consultants Co.,Ltd.
November 01, 2013 at 12:00 am
Share
Kawasaki Geological Engineering Co., Ltd. (JASDAQ:4673) announced a private placement of 20,000 treasury shares at ¥563 per share for gross proceeds of ¥11,260,000 with Nippon Engineering Consultants Co.,Ltd. on October 10, 2013. The shares will be issued by way of third party allocation. The transaction was approved at the board of directors' meeting. The payment date for the transaction is November 1, 2013.
On November 1, 2013, Kawasaki Geological Engineering Co., Ltd. closed the transaction.
DN Holdings Co Ltd is a Japan-based company mainly engaged in the construction consulting business. The Company provides surveys, planning, design, construction supervision, and consulting services for civil engineering, construction, surveying, geology and soil. The structure maintenance business is engaged in the planning and design of new structures, as well as the maintenance and inspection of existing structures. The social creation business is engaged in the planning and design of transportation, urban, environment and energy systems. The national land conservation business is engaged in the river and sand protection planning, geological surveys, exploration. The overseas and construction management business conducts research, planning, and design work for road and bridge construction projects overseas, as well as construction management in Japan and overseas.