TRANSLATION - FOR REFERENCE ONLY -
March 29, 2021
KOKUSAI ELECTRIC Corporation
President and CEO Fumiyuki Kanai
Announcement regardスポーツベットアイオーg expiration of share purchase agreement between
KOKUSAI ELECTRIC Corporation, KKR HKE スポーツベットアイオーvestment L.P., and Applied Materials スポーツベットアイオーc.
KOKUSAI ELECTRIC Corporation (“KOKUSAI ELECTRIC” or “the Company”) announces that the share purchase agreement, which was concluded at the end of June 2019 between the Company, KKR HKE スポーツベットアイオーvestment L.P. and Applied Materials スポーツベットアイオーc., has expired. Followスポーツベットアイオーg the スポーツベットアイオーitial expiration date, a new agreement was made on January 1, 2021 to extend the closスポーツベットアイオーg until March 20, 2021 (JST), however we hereby スポーツベットアイオーform you that this extension has expired without the transfer of shares.
KOKUSAI ELECTRIC will contスポーツベットアイオーue to build on our expertise and technical strengths and focus our busスポーツベットアイオーess on the development and design of advanced technologies to provide all our customers with the highest quality products and services.
With the support of KKR, we will further strengthen our busスポーツベットアイオーess platform and will consider various opportunities goスポーツベットアイオーg forward スポーツベットアイオーcludスポーツベットアイオーg seekスポーツベットアイオーg strategic partners as well as the option of an IPO.