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Toshiba ‘carefully considering’ response to demands for EGM

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January 6, 2022

TOKYO (Reuters) – Toshiba Corp said on Thursday it was “carefully considering” its response to a call by its second-largest shareholder to hold an extraordinary general meeting.

Singapore-based hedge fund 3D Investment Partners had called for the meeting in an effort to force the Japanese company to require two-thirds support before continuing with a controversial plan to split in three.

(Reporting by Elaine Lies; Editing by David Goodman)