Certain Common Shares of Daiko Tsusan Co.,Ltd. are subject to a Lock-Up Agreement Ending on 10-JUN-2019.
June 10, 2019
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Certain Common Shares of Daiko Tsusan Co.,Ltd. are subject to a Lock-Up Agreement Ending on 10-JUN-2019. These Common Shares will be under lockup for 91 days starting from 11-MAR-2019 to 10-JUN-2019.
Details:
The company shareholders, namely, Akira Kawada, Akira Nishimura, Masaharu Kawada, Yukie Otani, Takuya Okano, Katsuya Takamoto, DK Corporation, Mitsuru Kawada, Sumiko Kawada, Mitsuru Shirai, Seiji Hyodo, Tamotsu Okada, Seiji Tamai and Teruo Maeda have agreed not to dispose of their interest for a period of 90 days from the listing date.
DAIKO TSUSAN CO.,LTD. is a Japan-based company engaged in the purchase and sale of various products for cable television (CATV) and information communication network. The Company is involved in the manufacture of various goods purchased from domestic and foreign manufacturers, such as wire and cable manufacturers, telecommunications machine equipment manufacturers and metal product manufacturers, for communication construction contractors, telecommunications carriers, electric power companies and government agencies. The products purchased by the Company are classified mainly as cables, materials, and equipment, and are used for indoor communication work, outdoor communication work, electric power construction at the sales destination. Cable products include local area network (LAN) & wide area network (WAN) cable, coaxial cable, optical cable. Material products include connecting materials, overhead wire hardware, and in-house lead-in & wiring materials.