TOHO HOLDINGS CO.,LTD. [8129.T]
TOKYO, Apr 02 (Pulse News Wire) – Toho Holdings CO.,LTD. (8129.T) requested additional information from 3D Investment Partners Pte.
Ltd. following their latest response dated March 18, 2026. The company's board determined that the information provided so far was insufficient for shareholders' judgment regarding the large-scale share purchase behavior initiated by 3D Investment Partners.
In its request, TOHO Holdings sought further clarification on several points, including the specifics of structural conflicts of interest mentioned in 3D’s previous responses, the rationale behind rejecting an independent committee, and the nature of Fuji Soft's privatization proposal process. The company emphasized that it would continue to seek necessary information until it deemed sufficient for shareholder evaluation. Additionally, TOHO Holdings questioned 3D’s strategic intentions post-acquisition, particularly concerning governance improvements and potential impacts on stock price volatility.
The company also highlighted discrepancies in proposed strategies compared to previously disclosed plans, raising concerns over the independence of proposed advisory committees and the influence on operational decision-making processes.
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