Hankyu Hanshin Express Co.,Ltd. announced that it expects to receive funding from Seino Holdings Co., Ltd.
January 21, 2018
Share
Hankyu Hanshin Express Co.,Ltd announced that it has signed a capital increase agreement of common shares with Seino Holdings Co., Ltd. (TSE:9076) on January 22, 2018. The transaction is expected to close on April 1, 2018. Post the closing the investor will hold approximately 34% stake in the company. The shares are allotted by way of third party capital allocation method.
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.
SEINO HOLDINGS CO., LTD. 
