ETIC Resolves to Implement Capital Injection into Granvista Hotel & Resort Co., Ltd.Capital Injection Agreement • February 2nd, 2012
Contract Type FiledFebruary 2nd, 2012The Enterprise Turnaround Initiative Corporation of Japan (“ETIC”), concomitant with the agreement reached today on the purchase of debt owed by Granvista Hotel & Resort Co., Ltd. under Article 28, Clause 1 of the Enterprise Turnaround Initiative Corporation of Japan Act (Act 63, of 2009, hereafter “the ETIC Act”), today resolved to implement a capital injection at the company under Article 31, Clause 1 of the same Act.