TOSHIBA CORP.’S INVESTOR WAS KEPT ON STANDBY BY THE JAPANESE GOVERNMENT OVER SHAREHOLDER VOTE

Highlights –

• Toshiba Corp.’s investor was kept on standby by the Japanese government over shareholder vote.
• Effissimo Capital Management is the biggest investor in Toshiba Corp.
• Effissimo owns around 10% of Toshiba.
• The investor needed approval from the Japanese government to vote at the AGM.

According to Japan’s stricter rules on foreign o....