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 Toa Road Corp (hereinafter referred to as “Toa Road” or the “Company” as the context requires) over 6 months.
The Fund and Strategic Capital are pleased to announce that, on April 22, 2024, we notified the Toa Road 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 23, 2024, the Company certainly received the documents of the proposal.
A brief detail of our proposal is as followings.
PRESS RELEASE regarding TOA ROAD CORP (1882)
