Showa Denko Announces Share Transfer with Change in Subsidiary Tender Offer successfully ended on April 15
BriefingWire.com, 4/16/2021 - TOKYO - (JCN Newswire) - As stated in Notice of Execution of Basic Agreement regarding Tender Offer over Subsidiary as of March 4, 2021, Showa Denko K.K. (hereinafter referred to as the Company ) entered into a basic agreement setting forth among others, the application for 3,160,306 shares (hereinafter referred to as the Applied Shares ) of SHOKO CO., LTD. (Code number 8090, listed on the First Section of Tokyo Stock Exchange; hereinafter referred to as SHOKO ), the Company s consolidated subsidiary, among the shares of SHOKO owned by the Company, in a tender offer (hereinafter referred to as the Tender Offer ) for the common shares issued by SHOKO (hereinafter referred to as the SHOKO Shares ) with the Tender Offer being made by SKT Holdings Ltd., (hereinafter referred to as SKTHD ), a w
Business Scoop » Showa Denko Announces Share Transfer With Change In Subsidiary
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Showa Denko Announces Share Transfer with Change in Subsidiary
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Showa Denko Announces Notice of Execution of Basic Agreement regarding Tender Offer over Subsidiary Aims to become a world-class, functional chemical manufacturer
BriefingWire.com, 3/04/2021 - TOKYO, Mar 4, 2021 - (JCN Newswire) - Showa Denko K.K. (hereinafter referred to as the Company ) hereby announces that, as of today, the Company has entered into: (i) a basic agreement (hereinafter referred to as the Basic Agreement ) setting forth the application for 3,160,306 shares of SHOKO CO., LTD. (Code number 8090, listed on the First Section of Tokyo Stock Exchange; hereinafter referred to as SHOKO ), the Company s consolidated subsidiary, among the shares of SHOKO owned by the Company, in a tender offer for the common shares issued by SHOKO (hereinafter referred to as the SHOKO Shares ), that will commence on March 5, 2021, with such tender offer being made by SKT Holdings Ltd. (hereinafter referred to as SKTHD ), a wholly-owned