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KUSURI NO AOKI Rejects Shareholder Dismissal Proposal
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KUSURI NO AOKI Rejects Shareholder Dismissal Proposal

KUSURI NO AOKI HOLDINGS CO.,LTD. (JP:3549) has released an update.

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KUSURI NO AOKI HOLDINGS CO., LTD. board has decided to oppose a shareholder proposal aimed at dismissing three directors, which was suggested by OASIS INVESTMENTS II and OASIS JAPAN STRATEGIC FUND LTD. The board contends that the proposal is baseless, asserting that there was no wrongdoing in their previous issuance of stock options. The board’s stance is that the proposal might mislead shareholders and undermine their confidence in the company’s governance.

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