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 Kyokuto Kaihatsu Kogyo Co., Ltd. (hereinafter referred to as “Kyokuto” or the “Company” as the context requires) over 6 months.
The Fund and Strategic Capital are pleased to announce that, on April 19th, 2022, we notified the Kyokuto 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 20th , 2022, the Company certainly received the documents of the proposal.
A brief detail of our proposal is as followings.
PRESS RELEASE regarding KYOKUTO KAIHATSU KOGYO CO., LTD (7226)
For further information, please click the link to a special website regarding our proposal.
https://stracap.jp/english/proposal-for-kyokutokaihatsu-from-sc-2022_eng.pdf
