Dalton Investments Submits Shareholder Proposal to Digital Holdings, Inc.
June 10, 2022 at 12:00 am EDT
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On June 10, 2022, Dalton Investments LLC announced proposals according to circumstances: (i) in order to avoid potential conflicts of interest, seeking a more transparent management system and requesting the appointment of independent directors who respect the opinions of minority shareholders in general, (ii) changes in dividend policy such as increase in dividend to improve stock value, changes to capital policy such as own stock purchase, (iii) and any other reasonable measures that other submitters believe will lead to an increase in shareholder value of the Company, etc.
Digital Holdings Inc, formerly OPT Holding Inc is a Japan-based company principally engaged in the Internet advertising business. The Company operates in two business segments. The Marketing segment provides Internet advertising for large companies, digital marketing, related services, and digital marketing solutions for local small and medium enterprises. The Synergy Investment segment is involved in the investment in Internet-related venture companies, the information collecting in the United States, the development of artificial intelligence (AI) and AI platforms, the provision of digital shift support education services for companies, and the general trade operated in China.