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Seo expate
Aug 03, 2022
In Welcome to the Tech Forum
Since then, Toshiba's chaos has become more and more serious. The acquisition proposal was shelved, and Che Gu Changzhao was forced to resign by the chairman of the board (independent director), but he was actually fired by the board. And only this time, people feel that Toshiba's corporate governance played a role. However, the period when corporate job email list governance was felt to be working did not last long. The chairman of the board rejected a takeover proposal by a British fund company on the grounds that it was a "spurious proposal that does not qualify as a proposal", only to be opposed by powerful shareholders trying to sell their shares at a high price. Shortly afterward, an investigative committee made up of lawyers recommended by those shareholders released a report revealing the ambiguous relationship between Toshiba management and Japan's Ministry of Economy, Trade and Industry. In June 2021, at the general meeting of shareholders held in the chaos, the independent directors' re-election vote was excluded from the agenda, citing the independent directors' oversight of management's relationship with Japan's Ministry of Economy, Trade and Industry. The re-election of the chairman of the board of directors was also rejected in the vote, and directors who did not obey the opinions of shareholders with a voice were expelled from the board of directors. The original 13 directors have been reduced to 8, and the company's management system has become very weak.
Tsunagawa Zhi, and letting Tsunagawa to retire as soon as possible was the right way content media
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Seo expate
Aug 03, 2022
In Welcome to the Tech Forum
The subscription for additional shares is 60 investment funds. Among them, there are "vulture funds" that pursue short-term interests, and "shareholders with a say" who strongly demand management to boost performance. These funds are investing money knowing the risk in order to make more profit. At that time, Toshiba job email list was promoting the sale of the semiconductor business and spent a lot of time and energy. At this time, the foreign securities company proposed a huge capital increase plan, and the management hit it off. This business decision has made Toshiba suffer to this day. At this time, the aforementioned "Nihon Keizai Shimbun" reported the news of the British fund's acquisition proposal. Although it is an unfunded "Jiansheng" acquisition proposal, it is clearly stated that "business operations remain unchanged." Naturally, people around him wondered whether Che Gu Changzhao planned to sell Toshiba to his old owner of the investment fund in order to keep his position, and public opinion was in an uproar.
Disputes over the company's spin-off, major shareholders' request to "sell out" content media
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Seo expate
Aug 03, 2022
In Welcome to the Tech Forum
I have been following and interviewing Toshiba since its financial fraud scandal broke in 2015. Then a series of events happened. The first was the bankruptcy of Westinghouse Electric Company, an American nuclear electronics company. Then, Toshiba was exposed to dredge the officials of the Ministry of Economy, Trade and Industry of Japan to fight against shareholders with a right to speak, exposing the black box operation of the management. There is also the dispute over the company's spin-off and the fact that major shareholders asked Toshiba to "sell out". All of this stems from Toshiba's "perfunctory business management." First of all, let's take a look job email list at how Toshiba has been "perfunctory" and struggling in the quagmire in the past year. Then, let's review how the "perfunctory" has been "perfunctory" one after another from the financial fraud scandal to the bankruptcy of Westinghouse Electric Company. Toshiba actually had several opportunities to make a comeback. But because it has not tried to fundamentally solve the problem, it has even fallen to such a point. Let's sort out the process. One year ago, on April 7, 2021, the Nikkei reported on its online edition and newspaper that "a British fund company made a takeover proposal to Toshiba". The content is that the British fund company wants to acquire all the shares of Toshiba and "privatize" it. Regarding this report, Toshiba's then-president Chetani Masaki said in the morning that "the company is researching." Since then, Toshiba has had a "perfunctory year".
Disputes over the company's spin-off, major shareholders' request to "sell out"... Toshiba's perfunctory, wasted year content media
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