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Jannat Ara
Aug 03, 2022
In Christianity Forum
Due to the bankruptcy of the US nuclear electronics company Westinghouse Electric Corporation, Toshiba suffered losses of more than 1 trillion yen and fell into a situation of insolvency. As a result, Toshiba filled this gap by issuing additional financing of 600 billion yen and solved the problem of insolvency. Before the additional issuance of financing, the total number of outstanding shares was about 4.2 billion shares, and the newly issued shares were 2.2 billion shares. The total number of shares increased by 1.5 times, which is a forced additional issuance. The subscription for additional shares is 60 investment funds. Among them, there are "vulture funds" that pursue short-term interests. shareholders with a say" who strongly demand management to boost performance. These funds are investing money knowing the risk in order to make more profit. At that time, Toshiba was promoting the sale of the semiconductor business and spent number list a lot of time and energy. At this time, the foreign securities company proposed a huge capital increase plan, and the management hit it off. This business decision has made Toshiba suffer to this day. Shareholders with the right to speak strongly demand that what can be realized should be realized, and shareholders should be rewarded as soon as possible through dividends and other methods. To keep management obedient, they even put forward director candidates at shareholder meetings. Chetani Changzhao and other management secretly dredge the Japanese Ministry of Economy, Trade and Industry officials and take measures to suppress the fund's requirements. The confrontation between the management and the shareholders with the right to speak has further intensified. It has become very difficult for Chegu Changzhao to win re-election at the shareholders' meeting, and the Chegu management system has fallen into a dead end.
The major shareholder of Toshiba's overseas investment fund was originally introduced by Toshiba itself content media
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Jannat Ara

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