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ITC Networks Corp Announces Changes in Shareholding Structure

Monday, 8 Apr 2013 02:00am EDT 

ITC Networks Corporation announced that its second major shareholder, Panasonic Mobile Communications Co., Ltd. (which will change company name and be acquired by Panasonic) is no longer holding any share of the Company, down from 20.00% voting rights (111,846 voting rights) in the Company. A newly established company, which name is Panasonic Mobile Communications Co., Ltd., has become the second major shareholder, holding 111,846 voting rights (20%), effective April 1, 2013. 

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