Enechange Ltd. ( (JP:4169) ) just unveiled an announcement.
ENECHANGE Ltd. announced a capital and business partnership with ITOCHU ENEX CO., LTD., including the issuance of new shares through third-party allotment to ITOCHU ENEX. This partnership aims to bolster ENECHANGE’s financial foundation and facilitate growth, particularly in its EV Charging Business, while improving shareholder value. The arrangement is expected to lead to enhanced business synergies and corporate value, aligning with the company’s strategic goals for expansion and financial stability.
More about Enechange Ltd.
ENECHANGE Ltd. operates within the energy industry, offering an Energy Platform Business that helps consumers choose optimal electricity and gas providers, and an Energy Data Business providing cloud-based digital transformation services to utility companies. The company is also involved in developing electric vehicle (EV) charging infrastructure to support a decarbonized society.
YTD Price Performance: 3.91%
Average Trading Volume: 558,695
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen13.05B
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