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Hachijuni Bank ( (JP:8359) ) has issued an update.
The Board of Directors of Hachijuni Bank has decided to oppose shareholder proposals submitted by LIM Japan Event Master Fund for the upcoming Annual General Meeting. The proposals included amendments to the Articles of Incorporation concerning disclosure of investments and directors’ compensation, among others. The Board’s opposition is based on the belief that the current systems and policies in place are sufficient and that the proposals do not align with the bank’s strategic interests or compliance standards.
More about Hachijuni Bank
Hachijuni Bank, Ltd. operates in the financial services industry, primarily offering banking services. The company is listed on the Tokyo Stock Exchange and focuses on providing a range of financial products and services to its clients.
Average Trading Volume: 1,627,515
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen500.3B
For a thorough assessment of 8359 stock, go to TipRanks’ Stock Analysis page.