Certain Common Shares of Seiko Electric Co., Ltd. are subject to a Lock-Up Agreement Ending on 6-MAR-2019.
March 05, 2019
Share
Certain Common Shares of Seiko Electric Co., Ltd. are subject to a Lock-Up Agreement Ending on 6-MAR-2019. These Common Shares will be under lockup for 90 days starting from 6-DEC-2018 to 6-MAR-2019.
Details:
Shares held by Nishi-Nippon Railroad Co., Ltd., Hitachi, Ltd., Naonori Tsuchiya and the company’s shareholder Kyudenko Corporation will be under lock-up for 90 days after the transfer date of the general subscription and sale by underwriters’ purchase subscription.
SEIKO ELECTRIC CO., LTD. is a Japan-based company mainly engaged in the electric power business, environmental energy business, information business and service business. The Company has four business segments. The Power segment is engaged in the manufacture and sale of power control systems, power switching devices, distribution automation equipment and intelligence equipment. The Environment and Energy segment is mainly engaged in the manufacture and sale of public and environmental systems, industrial plant systems, power distribution systems and storage systems. The Information segment is mainly engaged in the manufacture and sale of cloud service products for ports, healthcare and e-learning services. The Service segment is mainly engaged in the provision of engineering services of electrical equipment, and the insurance agency business. The Company is also engaged in the electrical construction business and the equipment installation business.