Datasection Reports Details on Controlling Shareholder Arrangements

TOKYO, Jul 08 (Pulse News Wire) – Datasection Inc. (3905.T) disclosed details regarding controlling shareholder arrangements involving Earth Elements Capital Co., Ltd., which holds 25.55% of the company's voting rights.

According to the report, all voting rights held by Earth Elements Capital Co., Ltd. are delegated to FIRST PLUS FINANCIAL HOLDINGS PTE. LTD. outside their instructions or commands. Earth Elements Capital Co., Ltd. owns 25.55% of Datasection Inc.'s voting rights through the exercise of subscription warrants granted by FIRST PLUS FINANCIAL HOLDINGS PTE.

LTD. Apart from this arrangement, there is no other relationship between Datasection Inc. and Earth Elements Capital Co., Ltd. Datasection Inc. operates independently without any operational constraints imposed by Earth Elements Capital Co., Ltd. No significant transactions between Datasection Inc.

And its controlling shareholders were reported.