Nikko Nilkhosol Co.,Ltd. announced that it expects to receive THB 600 million in funding from Nikko Co., Ltd.
December 21, 2023
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Nikko Nilkhosol Co.,Ltd. announced that it will issue shares for an aggregate gross proceeds of THB 600,000,000 on December 22, 2023. The transaction will include participation from returning investor Nikko Co., Ltd. The transaction is expected to close by the end of 2023. The transaction has been approved by the board of directors of the company.
NIKKO CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of asphalt plants, concrete plants, as well as environment and transport machinery. The Company operates in three business segments. Asphalt Plant-Related Business segment produces asphalt plants, recycling plants, as well as compound silos, among others. Concrete Plant-Related Business segment produces concrete plants, concrete pumps, as well as factory equipment for concrete product production, among others. Environment and Transportation Related Businesses segment produces environment and recycling plants, conveyor systems. The Company is also involved in the manufacture of pipe frame scaffolds, steel road boards, pipe supports, small concrete mixers, mortar mixers, sluice gates, crushers, among others, as well as the sale of real estate leasing and home renovation.