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RHJ International SA (EBR:RHJI) Please find enclosed the press release issued today by RHJI announcing that it has subscribed to 25,636,600 of newly issued shares of Asahi Tec Corporation ("Asahi Tec") for an aggregate amount of JPY 1,051,100,600, as part of its previously announced commitment to provide additional capital of up to JPY 3,200 million. Asahi Tec will use the proceeds to further support the ongoing restructuring efforts of its subsidiary Metaldyne. As a result, RHJI's ownership in Asahi Tec will increase from 41.3% to 45.2%.
Asahi Tec and Metaldyne continue to implement their "Plan to Win" program, aimed at reducing costs and facilitating the sale of non-core assets. RHJ International (Euronext: RHJI) is a diversified holding company focused on creating long-term value for its shareholders by acquiring and operating businesses in attractive industries. For further information visit www.rhji.com/
