Tokyo Stock Exchange: Points Of Concern Regarding Syndicate Covering Transaction

Along with the introduction of green shoe option, over-allotment and syndicate covering transaction in connection with an offering of securities from January 31, 2002, in order to secure fair trading, the TSE set and announced "Points of Concern Regarding Syndicate Covering Transaction" on January 15, 2002 (in Japanese). This contains points of concern regarding syndicate covering transactions and transaction patterns that are monitored closely by the TSE.

The report is available at http://www.tse.or.jp/english/news/2002/200203/020315_c.pdf