KAO CORPORATION RESPONDS TO SHAREHOLDER PROPOSALS AHEAD OF AGM

KUALA LUMPUR, Feb 18 (Bernama) -- Kao Corporation disclosed its opinion on Feb 14 regarding the shareholder proposals submitted by Oasis Japan Strategic Fund Ltd (Oasis) for the company’s 119th Annual General Meeting (AGM).

The company also addressed a previous statement from Oasis, made in April 2024, by publishing a document titled "Board of Directors' Opinion on Shareholder Proposal and Kao’s Strategy to Enhance Corporate Value", according to a statement.

Kao reaffirmed its commitment to maintaining transparent and effective governance while continuing to implement its K27 strategy aimed at boosting corporate value.

-- BERNAMA