The Singapore-based fund said Sapporo's board is ill-suited to addressing the challenges and opportunities facing the company.
(Reporting by Rocky Swift; Editing by Tom Hogue)
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5,613 JPY | -0.07% | -2.14% | -9.73% |
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TOKYO (Reuters) - Sapporo Holdings Ltd investor 3D Investment Partners Pte said in a letter to shareholders on Tuesday the Japanese beer maker's board has failed to create corporate value.
The Singapore-based fund said Sapporo's board is ill-suited to addressing the challenges and opportunities facing the company.
(Reporting by Rocky Swift; Editing by Tom Hogue)
1st Jan change | Capi. | |
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-9.73% | 2.86B | |
-1.70% | 55.05B | |
+5.93% | 46.85B | |
-9.91% | 38.43B | |
-2.81% | 22.69B | |
+9.59% | 19.09B | |
-22.44% | 19.14B | |
+3.25% | 17.99B | |
+8.63% | 15.43B | |
+11.16% | 12.92B |