Strategic Capital, Inc. (hereinafter referred to as “Strategic Capital” or “SC”) and funds managed by Strategic Capital hold approximately 7% of Kyokuto Kaihatsu Kogyo Co., Ltd. (hereinafter referred to as “Kyokuto Kaihatsu” or the “Company” as the context requires).
The Fund and Strategic Capital are pleased to announce that, on April 22nd, 2024, we notified Kyokuto Kaihatsu of our execution of the shareholders’ right to make a proposal at the annual shareholder meeting held in the coming June.
A brief detail of our proposal is as followings.
PRESS RELEASE regarding KYOKUTO KAIHATSU KOGYO CO., LTD (7226)