Kobelco Spring Wire (Foshan) Co., Ltd. announced that it will receive CNY 650 million in an equity round of funding from new investors including Shinko Wire Company, Ltd. and Suncall Corporation both will acquire 25% stake each in the company on December 13, 2012. The transaction will be completed this month.
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- Kobelco Spring Wire Co., Ltd. announced that it expects to receive CNY 650 million in funding from Shinko Wire Company Ltd. and Suncall Corporation.