TOKYO: Toshiba, facing a deepening crisis over corporate governance, said on Sunday it will change its board director nominees for an upcoming shareholder meeting, as two are stepping down.
Toshiba's audit committee has come under scrutiny as the investigation alleged the committee failed to take any action even when it became aware of Toshiba's attempt to prevent shareholders from exercising their rights. Earlier on Sunday, 3D Investment Partners, Toshiba's second-biggest shareholder, wrote in a letter to the chairman and the three audit committee members calling for their immediate resignations.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Toshiba to change board director candidates as two step downTOKYO: Toshiba Corp will change its slate of board director candidates for an unpcoming shareholder meeting as two previously nominated ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Toshiba second biggest shareholder calls for immediate resignation of board chair, 3 directorsToshiba Corp's second-biggest shareholder on Sunday demanded the board chairman and three other directors resign immediately after an ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Exclusive-Toshiba's No.2 shareholder calls for immediate resignation of board chair, 3 directorsToshiba Corp's second-biggest shareholder on Sunday demanded the board chairman and three other directors resign immediately after an ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Exclusive: Toshiba's No.2 shareholder calls for immediate resignation of board chair, 3 directorsTOKYO: Toshiba Corp's second-biggest shareholder on Sunday demanded the board chairman and three other directors resign immediately after an ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Trip to space with Jeff Bezos sells for US$28 millionAn unnamed bidder paid $28 million at auction Saturday for a seat alongside Jeff Bezos on board the first crewed spaceflight of the billionaire's ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Indonesia's motorbike gang spreads agricultural knowledge to 'haunted island' and beyondJAKARTA: Local myth has it that strangers who dare to step foot on Semau island in East Nusa Tenggara province, Indonesia, will not be able to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »