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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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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-7.09% | 2.92B | |
+384.45% | 67.41B | |
+0.57% | 54.86B | |
+8.19% | 47.83B | |
-12.31% | 36.22B | |
+0.26% | 22.9B | |
+11.38% | 18.76B | |
+5.04% | 18.14B | |
-26.68% | 17.73B | |
+4.82% | 14.49B |