Certain Common Shares of Fuso Chemical Co.,Ltd. are subject to a Lock-Up Agreement Ending on 8-MAR-2016.
March 07, 2016
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Certain Common Shares of Fuso Chemical Co.,Ltd. are subject to a Lock-Up Agreement Ending on 8-MAR-2016. These Common Shares will be under lockup for 93 days starting from 6-DEC-2015 to 8-MAR-2016.
Details:
The shareholders of the company, Misako Fujioka, Osaka Small and Medium Business Investment & Consultation Co., Ltd., and The Senshu Ikeda Bank, Ltd., have agreed not to dispose of any shares of the company, for a period of 90 days from the delivery date, December 7, 2015.
FUSO CHEMICAL CO., LTD. is a Japan-based company mainly engaged in the life science business and the electronic material business. It operates through two business segments. The Life Science segment manufactures and sells fruit acids, including apple acids, gluconic acid and citric acids, as well as application development products, which are used in quality improvers for noodle products, preservation for processed foods and laver cultivation, total sanitation of food manufacturers and the improving of metal processing. The Electronic Material and Functional Chemical segment provides electronic materials, including high-purity spherical silica; functional chemicals, including plastic, paint additives and resin additives, as well as fine chemicals. It is also involves in organic acid business.