Toshiba 'carefully considering' response to demands for EGM
Tweet
Share
E-mail
FILE PHOTO: The logo of Toshiba Corp. is seen at the company's facility in Kawasaki, Japan June 10, 2021. REUTERS/Kim Kyung-Hoon
TOKYO (Reuters) - Toshiba Corp said on Thursday it was "carefully considering" its response to a call by its second-largest shareholder to hold an extraordinary general meeting.
Singapore-based hedge fund 3D Investment Partners had called for the meeting in an effort to force the Japanese company to require two-thirds support before continuing with a controversial plan to split in three.
(Reporting by Elaine Lies; Editing by David Goodman)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Putin will draft 300,000 new troops after September elections, Zelenskiy says
- Brush fire in Nevada grows to over 10,500 acres
- Canada's Unifor union, GM reach tentative agreements
Create E-mail Alert Related Categories
ReutersRelated Entities
Hedge FundsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
