Oak Capital invests another $4.9m in Japan's Softfront
Oak Capital has invested JPY500 million ($4.9 million) in JASDAQ-listed IT services firm Softfront, increasing its stake in the company to 20.8%.
According to a release, the Japanese GP invested JPY150 million, subscribing to 10,338 new shares at JPY14,440 apiece, and an additional JPY355.4 million in exchange for share warrants. Set up in 1997...
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