CHORI CO., LTD. 2018
◆April 18th, 2018
Strategic Capital, Inc. (hereinafter referred to as “Strategic Capital”) is under a discretionary investment contract with INTERTRUST TRUSTEES (CAYMAN) LIMITED SOLELY IN ITS CAPACITY AS TRUSTEE OF JAPAN-UP (hereinafter referred to as the “Fund”) and the Fund and Strategic Capital hold over 300 units of voting right of CHORI CO., LTD. (hereinafter referred to as “CHORI”) over 6 months.
The Fund and Strategic Capital are pleased to announce that, on April 17th, 2018, we notified CHORI of our execution of the shareholders’ right to make a proposal at the annual shareholder meeting held in the coming June and confirmed that, on April 18th, 2018, CHORI certainly received the documents of the proposal.
A brief detail of our proposal is as followings.