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ENECHANGE Completes Capital Increase via Third-Party Allotment

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ENECHANGE Completes Capital Increase via Third-Party Allotment

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The latest announcement is out from Enechange Ltd. ( (JP:4169) ).

ENECHANGE Ltd. has successfully completed the payment process for the issuance of new shares through a third-party allotment, as part of a strategic capital and business partnership with ITOCHU ENEX Co., Ltd. This capital increase, which involved issuing 7,375,000 new shares, raised the company’s capital by 1,475,000,000 JPY, enhancing its financial strength and positioning in the energy market.

More about Enechange Ltd.

ENECHANGE Ltd. operates in the energy sector, focusing on providing innovative energy solutions and services to enhance energy efficiency and sustainability. The company is committed to leveraging technology to support the transition to a more sustainable energy landscape.

YTD Price Performance: -5.03%

Average Trading Volume: 574,676

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen11.93B

See more data about 4169 stock on TipRanks’ Stock Analysis page.

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