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An announcement from Intrance Co., Ltd. ( (JP:3237) ) is now available.
Intrance Co., Ltd. announced the issuance of its First Series of Unsecured Straight Bonds through a private placement to DELiGHTWORKS Inc. This move aims to expand liquidity in response to anticipated significant operating and net losses for the fiscal year ending March 2025, due to insufficient short- to medium-term profit-generating activities. The company is seeking to stabilize its cash flow and support its strategic focus on urban apartment hotel development and regional hotel investment.
More about Intrance Co., Ltd.
Intrance Co., Ltd. is listed on the Tokyo Growth stock exchange and operates primarily in the real estate and hotel management industries. The company is focused on expanding its business domain and increasing corporate value by generating stable earnings from real estate and achieving high growth in hotel management. It also engages in real estate brokerage and tourist services, particularly targeting tourists from Greater China to Japan.
Average Trading Volume: 751,148
Technical Sentiment Signal: Sell
Current Market Cap: Yen4.14B
Learn more about 3237 stock on TipRanks’ Stock Analysis page.
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