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Posted: July 20, 2009
Kisco Limited Increases Shareholding in Nanoco
(Nanowerk News) Nanoco announces that Kisco Limited ("Kisco"), the leading Asian electronics materials trading and manufacturing company headquartered in Osaka, Japan, purchased 2,870,339 Ordinary Shares in the Company on 15th July 2009. As a result of this transaction Kisco now holds a total of 6,026,615 Ordinary Shares representing 3.27 per cent of the issued share capital of the Company. Kisco is the exclusive Asian distributor of Nanoco’s leading quantum dot technology.
Michael Edelman, Nanoco CEO commented “We are pleased with the ongoing support from Kisco who continue to assist our Asian customers with the purchase, logistics and supply of Nanoco’s quantum dot materials from the UK into Asia. Nanoco’s business is growing rapidly in Asia and Kisco is playing a major role in supporting our efforts.”
The company is a leader in the global quantum dot market. Nanoco develops, manufactures and supplies the quality and quantity of quantum dots its customers require, at a price which enables quantum dot applications to come to market successfully throughout the world. Nanoco is focused on the development and mass production of its Heavy Metal Free quantum dot technology.