AirAsia Japan Co., Ltd. announced that it expects to receive ¥7 billion in funding from Octave Japan Infrastructure Fund I GK, Rakuten, Inc., Investment Arm, , Noevir Holdings Co., Ltd. ,and Alpen Co., Ltd.
July 01, 2014 at 12:00 am
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AirAsia Japan Co., Ltd. announced that it will receive ¥7 billion in an equity round of funding on July 1, 2014. Octave Japan Infrastructure Fund I GK will acquire 19% stake in the company, Rakuten, Inc., Investment Arm will acquire 18% stake in the company, Noevir Holdings Co., Ltd. will acquire 9% stake in the company, and Alpen Co., Ltd. will acquire 5% stake in the company. All new investors will acquire a total 51% majority stake in the company.
Noevir Holdings Co., Ltd. is a Japan-based company engaged in the manufacture and sale of cosmetics, toiletries, pharmaceuticals and foods, as well as the purchase and sale of cosmetic products. The Company operates in three business segments. The Cosmetics segment is engaged in the manufacture and sale of cosmetics and toiletries, as well as the purchase and sale of cosmetic products. The Pharmaceuticals and Foods segment is engaged in the manufacture and sale of general drugs and foods. The Others segment is engaged in the purchase and sale of apparels, body fashion, aircrafts and vessels, as well as air transportation business.
AirAsia Japan Co., Ltd. announced that it expects to receive ¥7 billion in funding from Octave Japan Infrastructure Fund I GK, Rakuten, Inc., Investment Arm, , Noevir Holdings Co., Ltd. ,and Alpen Co., Ltd.