Certain Common Shares of KH Neochem Co., Ltd. are subject to a Lock-Up Agreement Ending on 9-APR-2017.
April 09, 2017
Share
Certain Common Shares of KH Neochem Co., Ltd. are subject to a Lock-Up Agreement Ending on 9-APR-2017. These Common Shares will be under lockup for 180 days starting from 11-OCT-2016 to 9-APR-2017.
Details:
The shareholders, KJ Investment Limited Partnership, Shepherds Hill Capital Partners, Japan Industrial No. 3 Investment Limited Partnership, Manaslu Fund, L.P., and Sonora Fund, L.P. have agreed not to dispose off any shares, excluding sale shares, for a period of 90 days from the listing date, October 12, 2016, until January 9, 2017.
Shareholder Megumi Asai 1, has agreed not to dispose off any shares, excluding sale shares, for a period of 180 days from the listing date, October 12, 2016, until April 9, 2017.
KH Neochem Co Ltd is a Japan-based company engaged in the manufacture and sale of petrochemicals. The Company's business is divided into three business units. The basic chemical businessâs main products include butyl alcohols, octyl alcohols and butyl acetates. The business is involved in the provision for the manufacture of paints, inks, commodity resins, plasticizers, detergents and others. The performance material businessâs main products include isononanoic acids and octylic acids, among others. The business is involved in the provision of raw materials for surfactants, water-based paints, cosmetics, pesticides, as well as pharmaceutical products. The electronic material businessâs main products include propylene glycol methyl ether-pure (PM-P) and propylene glycol methyl ether acetate-pure (PMA-P). The business is involved in the provision for semiconductors, display materials and optical materials, among others.