Strategic Capital, Inc. sent a letter to shareholders of DAIWA INDUSTRIES LTD. Corporation (TSE Code 6459) for the up-coming annual general meeting of shareholders in March of 2016. The purpose of the letter is to inform shareholders of our proposals. Expecting the shareholders will approve our proposals, we inform the shareholders of the confirmation of receipt by the company and publically make the announcement.
Re: The Execution of Voting Form at the Shareholder’s Meeting
To foreign investors Re: The Execution of Voting Form at the Shareholder’s Meeting (English version)
Strategic Capital, Inc. 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”) which holds 3.79% (sum of accounts represented by multiple standing proxies) of the outstanding share of DAIWA INDUSTRIES LTD (hereinafter referred to as “DAIWA INDUSTRIES”)..(TES Code 6459).
Strategic Capital, Inc is pleased to announce that, on January 25, 2016, the Fund notified DAIWA INDUSTRIES of its execution of the shareholders’ right to make a proposal at the annual shareholder meeting held in March 2016 and confirmed that, on January 26,2016, DAIWA INDUSTRIES received the documents of the proposal.
A brief detail of the proposal of the Fund is as followings.
To foreign investors: About the Shareholder Proposals to DAIWA INDUSTRIES. (English version)
