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Japan

Kokusan Denki to obtain JPY 5 billion through third party allotment

Kokusan Denki Co., Ltd. announced its plan to increase its capital by JPY 499,872,000 through a third party allotment. The 1,968,000 new shares will be allotted to Mahle Japan Ltd., the largest shareholder of Kokusan Denki. Approximately JPY 160 million will be appropriated for capital investment in its Thai subsidia....

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