Kitahama Capital Partners Co.,Ltd. [2134.T]
TOKYO, Apr 21 (Pulse News Wire) – Kitahama Capital Partners CO.,LTD. (2134.T) announced today that its board of directors decided to alter the funding purposes for the 14th tranche of subscription rights issued on May 29, 2024.
The changes follow the completion of the exercise of these rights as reported on June 26, 2025, and subsequent assessments of business progress and operational environment. Under the revised plan, the company will allocate an additional ¥140 million towards domestic real estate investment projects, which includes expenditures detailed in previous announcements dated October 21, 2024, and April 18, 2025, related to solar power generation facilities.
Specifically, the updated allocation includes: - Operating funds for the company's operations: ¥1,120 (¥1.120 billion spent so far) - Repayment of borrowings: ¥520 (¥520 million spent so far) - Investment in clean energy projects: ¥1,953 (¥1.860 billion spent so far) - Investment in domestic technology: ¥617 (¥617 million spent so far) - Investments in inbound tourism and regional revitalization: ¥10 (¥10 million spent so far) - Domestic real estate investments: ¥990 (¥850 million spent so far) - M&A-related investments: ¥1,600 (¥1.600 billion spent so far) Total allocated funds amount to ¥6,810. Any further adjustments to these allocations will be promptly disclosed.
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