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© Thomson Reuters 2021.Toshiba investigators defend report; say Japanese official stonewalled
By Makiko Yamazaki TOKYO©2024 GPlusMedia Inc.
19 Comments
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bokuda
This investigators released a lot even with that much obscurity and censorship.
Today(Friday) there'll be the shareholders meeting, that potentially can bash the Japanese board of directors and crash the Japanese stock market.
This is bigger than toshiba.
bakakuma
Ahhh... so this is what a mountain of cow dung looks like! seems to be a lot of similar mountains building up in Japan.
Peeping_Tom
"Today(Friday) there'll be the shareholders meeting, that potentially can bash the Japanese board of directors and crash the Japanese stock market."
The biggest foreign stockholder is only 7.4% of the total stock (hope you know what that entails).
Enough to crush and bash many posters feelings, that's all.
bokuda
Overseas investors now account for around 50% of Toshiba's shareholders
src:
https://www.reuters.com/business/toshiba-board-chair-likely-scrape-through-with-reappointment-crucial-agm-sources-2021-06-22/
Pukey2
Mizuno, a board member of an American company?
Peeping_Tom
"Overseas investors now account for around 50% of Toshiba's shareholders"
And?"
1) They are still NOT in the majority.
2) No controlling majority,
3) No ownership.
4) The biggest overseas shareholder (biggest moaner too) accounts for a mere 7.4% of the stock
3) All of the above: FACTS.
nonu6976
do you even understand what a company share is?
descendent
Easy way to get the truth and bypass all these coverup attempts: ask the Harvard fund what happened.
Peeping_Tom
"do you even understand what a company share is?
Do you know the difference between preferential and ordinary shareholding?
Do you understand the concept of crystallisation?
I only talk when I know.
Ascissor
Oh dear. The investigators are not following Kasumigaseki's script.
Peeping_Tom
Do you even know what is the % required to pass a Special Resolution at a GM?
Do you know the remedies available to disgruntled shareholders?
I know.
Peeping_Tom
"so you don't say much then."
Au contraire; check my posting history.
Free knowledge in there, available
Ascissor
Who said anything about passing a special resolution?
A special resolution (requires 2/3 of votes) is necessary to dismiss a director.
But only an ordinary resolution (simple majority) is necessary to elect a director. You just need 51% of votes against a proposal to reelect a director.
Ascissor
"reelect" → "not reelect" (which is kind of similar to dismissing).
Peeping_Tom
"Who said anything about passing a special resolution?
A special resolution (requires 2/3 of votes) is necessary to dismiss a director.
But only an ordinary resolution (simple majority) is necessary to elect a director. You just need 51% of votes against a proposal to reelect a director."
I don't need Wiki to tell me any of this.