COLORFUL BOARD Inc. announced that it has received ¥800 million in funding from TSI Holdings Co.,Ltd., MIC, Vinx corp.
April 02, 2017
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COLORFUL BOARD Inc. announced that it has received ¥800 million in a round of funding on April 3, 2017. The company signed a capital and business alliance agreement with a new investor TSI Holdings Co.,Ltd. (TSE:3608). The transaction also included participation from MIC and Vinx corp.
(TSE:3784). Pursuant to the transaction, TSI Holdings Co.,Ltd. acquired a stake of 4.4% in the company. The securities were issued by way of third party allocation.
The company has a total of 1,514,057 outstanding shares till date.
TSI Holdings Co., Ltd. is a Japan-based company mainly engaged in the apparel related business and other business. The Apparel Related segment is mainly engaged in the planning, manufacture and sale of fashion and apparel products such as women's clothing, men's clothing and fashion accessories, as well as the license brand business, and the production and logistics business. The Company is also engaged in the other businesses such as the sales agency and staffing business, the synthetic resin products manufacturing and sale business, the store design supervision business, the food and beverage business, as well as the import and sale of cosmetics and soaps. The brands include apparel brands such as ADORE, and wander, Apuweiser-riche, Arpege Story, AVIREX, BAIT, BOSCH, BEAVER and others, food and beverage brands such as Urth Caffe, Patisserie Slier and others, as well as licensed brands such as PRIVATE LABEL, VIVAYOU, Pinky Girls, VertDense, MATERIA, NOVESPAZIO, BRIGITTE and others.