Strategic Capital, Inc sent a letter to shareholders of Shin Nippon Air Technologies CO.,LTD
Corporation (TSE Code 1952) for the up-coming annual general meeting of shareholders in June 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 5.34% of the outstanding share of Shin Nippon Air Technologies CO.,LTD (hereinafter referred to as “SNK”)..(TES Code 1952).
Strategic Capital, Inc is pleased to announce that, on April 15, 2016, the Fund notified SNK of its execution of the shareholders’ right to make a proposal at the annual shareholder meeting held in June 2016 and confirmed that, on April 18,2016, SNK 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 SNK. (English version)
