Capital Increase Trough Shareholders Allotment for Eurus Energy Holdings Corporation
2010-01-28
Eurus Energy Holdings Corporation ("Eurus Energy", President and CEO, Tetsuro Nagata) passed a resolution at the Extraordinary General Shareholders Meeting and Board of Directors meeting held on January 27, 2010 to make a capital increase of 25,000 million yen through shareholders allotment to the Tokyo Electric Power Company, Incorporated ("TEPCO", President, Masataka Shimizu) and Toyota Tsusho Corporation ("Toyota Tsusho", President, Junzo Shimizu), the existing shareholders of Eurus Energy, both of which will act as the subscribers.
It should be noted that there will be no change in their percent equity interests (TEPCO: 60%; Toyota Tsusho: 40%) in Eurus Energy due to the capital increase and the existing shareholders will acquire new shares according to their respective percent equity interests.
Press Release(66KB)
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