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Toshiba to tackle two largest shareholders over policy and alleged voting pressure Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/ Toshiba Corp. will face activist shareholders at an extraordinary shareholders meeting on Thursday. | BLOOMBERG Jiji Mar 17, 2021 Major electronics and machinery maker Toshiba Corp. is set to take on its activist shareholders at its extraordinary shareholders meeting scheduled to be held Thursday. Toshiba is holding the meeting at the request of two such shareholders, including a Singapore fund set up by former colleagues of Japanese activist investor Yoshiaki Murakami, over its capital policy and how the company operated a regular general meeting of shareholders in July last year. ....
Farallon requests Toshiba Corporation Convene an EGM to Explain and Seek Shareholder Approval Regarding Significant Changes to the Toshiba Next Plan Relating to a New One Trillion Yen Growth Investing Strategy Copyright 2021 PR Newswire. All Rights Reserved 2020-12-24 SAN FRANCISCO, Dec. 25, 2020 /PRNewswire/ Today, an affiliate of Farallon Capital Management, L.L.C. ( Farallon ) requested Toshiba Corporation ( Toshiba or the Company )(6502.T) convene an extraordinary general meeting of shareholders ( EGM ) to seek shareholder approval regarding significant changes to the Toshiba Next Plan ( TNP ) relating to a new one trillion yen growth investing plan. Farallon has continued constructive discussions with Toshiba as a major shareholder since 2017, including recommending the appointment of Mr. Raymond Zage, who previously served as CEO and Managing Director of Farallon Capital Asia, to the Toshiba Board of Directors. Mr. Zage was appointed as a dir ....