TOKYO: Toshiba Corp stated on Friday greater than 1,000 postal voting kinds for its annual shareholder assembly arrived by the deadline however went uncounted, in its first official affirmation of a Reuters report on uncounted votes.
The Japanese conglomerate stated 1,139 voting kinds, representing a mixed 1.3% stake, have been neglected regardless that they have been delivered to Toshiba’s shareholder registry administrator earlier than the July 30 deadline.
Toshiba stated it is going to proceed its investigation and take applicable motion.
Reuters final month reported Singapore-based hedge fund 3D Investment Partners, a serious investor in Toshiba, had referred to as for a third-party investigation into the assembly, saying its vote had not been absolutely recognised.
Toshiba’s subsequent inside investigation discovered that about 1,300 voting kinds, with postmarks indicating they have been accepted at submit workplaces near senders on July 27, didn’t be counted for the contentious July 31 shareholder assembly.