Seafarms Group Limited announced that Nippon Suisan Kaisha Limited's (Nissui) equity investment in Seafarms shares at 10 cents per share to raise AUD 24.99 million is now complete. Seafarms announced the appointment of the highly experienced Nissui representative, Mr. Hisami Sakai, to the Board, the PSD operating company and Seafarms' subsidiaries involved in the Queensland operations. Mr. Sakai has had nearly 40 years commercial experience with Nissui. He is currently an Executive Officer of Nissui. His responsibilities include Business Supervisor in Europe and Oceania, in charge of the Supply Chain Management and Marine Business Strategy Departments. The company has also appointed Mr. Naoto Sato as an alternate director for Mr. Sakai. Mr. Sato has had nearly 14 years accounting and finance experience with Nissui and is currently a Manager at Nissui.