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 (hereinafter referred to as “we”) hold approximately 11% of SANYO DENKI CO., LTD. (hereinafter referred to as the “Company” or “Keihanshin”).
We are pleased to announce that we notified the Company of our execution of the shareholders’ right to make a proposal at the annual shareholder meeting to be held this coming June.
A brief detail of our proposal is as followings.
Shareholder Proposal to Keihanshin Building Co., Ltd. (8818) and the Launch of the Campaign Website