The Tokyo Stock Exchange and Nagoya Stock Exchange have assigned the shares of Pokka Corporation to Post for Probation on August 22, 2005.
A company called Advantage Holdings is planning to take over Pokka. The board of directors at Pokka has agreed to the takeover bid and has decided to be wholly owned by Advantage Holdings. Even when the above company should be a wholly-owned subsidiary of Advantage Holdings, the holding company would not list the shares of Advantage on the two stock exchanges, on which the stocks of Pokka are listed presently.
Because the series of actions would be against listing criteria at the two stock exchanges, the exchanges have assigned the stocks of Pokka to Post for Probation to notify investors that the said stocks will be delisted in the near future.