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Oasis Statement on Shareholder Proposals for a Governance Turnaround at Toyo Seikan


Oasis Statement on Shareholder Proposals for a Governance Turnaround at Toyo Seikan
Wednesday, May 26, 2021 1:58PM IST (8:28AM GMT)
 
 
 
More information available at www.ToyoSeikanCorpGov.com
 
Oasis Management Company Ltd. (“Oasis”) is the manager to funds that own shares of Toyo Seikan Group Holdings Ltd (5901 JP) (“Toyo Seikan” or the “Company”), a leading manufacturer of packaging containers in Japan.
 
With over 100 years of rich history and experience, Toyo Seikan should lead as an example for best-in-class corporate governance in Japan. However, this has not been the case.
 
Toyo Seikan’s governance shortcomings including substantial cross-shareholdings that account for 46% of the Company’s market cap, paid ....

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Proxy Advisory Firm ISS Recommends Stratus Shareholders Oppose Nominee Jim Leslie and Poison Pill


Proxy Advisory Firm ISS Recommends Stratus Shareholders Oppose Nominee Jim Leslie and Poison Pill
Friday, May 21, 2021 6:10PM IST (12:40PM GMT)
 
ISS Confirms Underperformance and Concern of Entrenchment
Oasis Urges Shareholders to Vote on the GOLD Proxy Card for the Oasis Nominees 
Oasis Management Company Ltd. (“Oasis”) is manager to a fund that is a significant, long-term shareholder of Stratus Properties Inc. (NASDAQ: STRS) (the “Company” or “Stratus”) that beneficially owns over 13.5% of Stratus ordinary shares.
 
Oasis urges Stratus shareholders to vote on the
GOLD proxy card for the highly qualified and independent Oasis director nominees.
 
While Institutional Shareholder Services (“ISS”), a leading independent proxy advisory firm, recommends shareholders “oppose the reelection of long-tenured incumbent James Leslie”, Oasis disagrees with ISS that the election of only one of Oasis’ nominees is sufficie ....

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