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Sapporo Holdings ( (JP:2501) ) has provided an announcement.
Sapporo Holdings Limited’s Board of Directors has decided to oppose a shareholder proposal submitted by 3D Opportunity Master Fund, which called for the election of a new director with audit and supervisory committee responsibilities. The Board cited doubts about the shareholder’s claims regarding the company’s governance. Sapporo Holdings emphasized its ongoing efforts to strengthen its corporate governance system, believing that its current structure is optimal for achieving its strategic objectives and enhancing shareholder value.
More about Sapporo Holdings
Sapporo Holdings Limited operates in the beverage and food industry, primarily known for its production of beer and other alcoholic beverages. The company is listed on the Tokyo Stock Exchange and Sapporo Securities Exchange and is focused on enhancing its corporate governance to increase medium- to long-term corporate value.
YTD Price Performance: -10.83%
Technical Sentiment Consensus Rating: Sell
See more data about 2501 stock on TipRanks’ Stock Analysis page.