Brief: SBI Holdings: To Invest A Maximum Of 10 Billion Yen In PFN Through SBI Holdings Through A Third-Party Allocation Of New Shares By The End Of September 2024

Powerchip Semiconductor Manufacturing

27/08/2024 01:04

Aug 27 (Reuters) - SBI Holdings Inc  8473.T :
    * SBI HOLDINGS INC - SBI HOLDINGS AND PFN AGREE TO FORM
CAPITAL
AND BUSINESS ALLIANCE FOR NEXT-GENERATION AI SEMICONDUCTORS
    * SBI HOLDINGS INC - SBI GROUP PLANS TO INVEST A MAXIMUM OF
10
BILLION YEN IN PFN THROUGH SBI HOLDINGS THROUGH A THIRD-PARTY
ALLOCATION OF NEW SHARES BY THE END OF SEPTEMBER 2024
    * SBI HOLDINGS INC - THROUGH THE MANUFACTURING OF PFN’S
NEXT-GENERATION AI SEMICONDUCTORS, SBI GROUP ALSO EXPECTS TO
GAIN ITS RECOGNITION IN THE MANUFACTURING SECTOR, AND TO BUILD A
SEMICONDUCTOR ECOSYSTEM THAT BRINGS ABOUT POSITIVE ECONOMIC
EFFECT IN THE MIYAGI PREFECTURE REGION

Source text for Eikon:  ID:nTSta8cd3a 
Further company coverage:  8473.T 

 (Reporting by Kantaro Komiya)
 ((Kantaro.Komiya@thomsonreuters.com;))