According to Kyodo News, on the 13th, JDI announced that it has reached a basic agreement with independent investment advisory company Ichigo Asset Management and will receive additional funding of up to 10 billion yen.
As early as January 31, JDI stated that it had reached an agreement with Ichigo Asset Management to obtain up to 100.8 billion yen in funding.
With the conclusion of the new agreement, JDI's funding from Ichigo Asset Management has reached 110.8 billion yen.
Kyodo News said that the 50.4 billion yen in new shares originally planned to be allocated to Ichigo Asset Management at the extraordinary shareholder meeting on March 25 will be raised to 60.4 billion yen and will be voted through at the regular shareholder meeting in late June .
Of the 60.4 billion yen, Ichigo Asset Management will receive 5 billion yen of preferred shares and 55.4 billion yen of new stock reservation rights.
Ichigo Asset Management president Scott Callon said at a press conference: "We will continue to complete JDI's business restructuring," stressing that it will not withdraw.
In addition, in response to the new crown pneumonia, JDI President Ju Ganggang said that although the operating environment has deteriorated, "the capital turnover will be guaranteed."