Japan Power Fastening Hong Kong Limited announced that it will receive HKD 109.25 million in an equity round of funding from returning investor, Japan Power Fastening Co., Ltd. on May 9, 2013. The investor will still hold 100% stake in the company after closing of the transaction. Following the closing, the capital of the company will increase from HKD 20.75 million to HKD 130 million.

The transaction is expected to close from July 2013 to the end of August 2013. The transaction was approved at the investor's board of directors' meeting.